Sorry, made a mistake; divided by 2.5 tons per cubic meter, instead of multiplied! Results still required 0.15 g/ton throughout overburden to reach cut-off of 0.30 grams per ton for strip mining.

https://docs.google.com/spreadsheet/ccc?key=0AupP7v6kPdVidGg0eFdWSnk1MWozVGgxZ1Uyd0hWVHc

However, implied share price is now: $17.65/share for gold-in-ground! Much nicer. And, as I said -- these holes are probably *not* representative of the entire deposit! This price *includes* the dry holes, fully weighted.