Well, I love math, so I just have to respond to the following post, LOL
This is just for fun, not my opinion, just math based on a post from the other side:
Ok here are two statements I am making - will they cause me to go to jail?
1. If the Tesoro project "anomaloy" is full of 10 oz/tonne gold then SLI shares will be $5,000 per share - guaranteed.
No need to show statement number 2
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32582412&l=0&r=0&s=sli&t=list#MHiQ0MVk8GK8eQgo.99
If the above statement is true, gold now is selling for $5.44 per OZ to give the shareholders $5000 per share, on the known size of the anomaly. Hold it, is it not open to depth?
No need to show all the math, or is there?
1700M X 1800M X 1300M X 2.7 T/M3 X 10oz/T = 107,406 Million OZ
$5000 per share X 117 Million shares = $585,000 Million $
So, @ $5000 per share, gold would have to be $5.44 per OZ in the ground
That is pretty cheap gold!
Remember, these are not my numbers, just based on the post from above
LOL
So, now how does the $5000 per share statement look now? I guess we could have scaled it a little, just to make it look better!
LOL
Bring on the next set of drills!