Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

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OK folks, I like math and numbers as much as BOW2U does. Using the following numbers as inputs:

- volume of an ellipse = 4/3 * pi * r1 * r2 * r3

- average grade = 1 g/t (ridiculous!)

- average density = 2 t/m3

- 120 million outstanding shares

- 31.1 g/oz

- $100/oz for gold in the ground

I added up anomalies T1 to T19 and I get 50 million oz and a value of $42/share.

Double the average grade to a "whopping" 2 g/t and we're at $84/share, or adjust any of the other input numbers for that matter and you can see the effect on a potential take-out bid price per share. That's just for the anomalies and does not consider the rest of the Tesoro or any of the other claims. At one time I thought $100/share was too good to be true but it is quite conceivable to me that the potential is in the hundreds of dollars per share. Just amazing.

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