Re: Said at a 2005 Edmonton meeting?
in response to
by
posted on
Jun 07, 2013 09:45PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Wow Sculpin, that is mega cash for 2005. $50 K per month, with NO equipment?
Remember what the avg gold price was that year? I looked it up:
less than $450 per OZ
Imagine the cash that could come off now?
Remember this quote from an NR on April 27, 2009, one of my all time favorites (I did the bolding etc):
Unfortunately, you can't seem to get this from the homepage? Dec 2009 seems as far back as you can go now?
Anyway, here it is: (I guess indefinite, now, has a new meaning?)
The Big Picture
The unique nature of the Tesoro Property allows St. Elias to explore and develop the Property at relatively low exploration costs. Based on results to date, the Company is in a position to continue with this exploration method indefinitely (exploring while concurrently proving up reserves), however, the Tesoro Property has never been evaluated to depth or to its full strike potential. This leaves a large potential for the discovery of additional mineralization. Gold has been extracted from this area for not only years, decades and centuries, but millenia. The source of the gold has never been located.