I have absolutely no doubt that there is literally bucket loads of gold, but it's hard to estimate exactly how much. This vein just may be the biggest outcropping of gold ever found, at X mtrs Wide, by Y mtrs long. But what depth are they basing their calcs. on? 911 mtrs at 1 mtr wide by say only 1 mtr deep = 911 cubic mtrs. X 2.65 (density of quartz) = 2,414 cubic mtrs. at about 20 grams to the tonne = 1552 ozs. Not too bad, and if it went to a depth of 10 mtrs, 15520 ozs @ $1600 an oz = only $24.8 mill.
I'm tempted to flog some dog stocks off, and although the picture looks rosy, there is no true indication of how much gold there is, therefore no way of deciding whether to cut my losses on other stocks, and pour it all into ABU.
- Forums
- ASX - By Stock
- PRX
- o.p.p (naughty by nature)
o.p.p (naughty by nature), page-12
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.664M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $995 | 497.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 103187431 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 4564001 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 103187431 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 4564001 | 4 |
0.003 | 23430389 | 19 |
0.004 | 5055526 | 7 |
0.005 | 889000 | 1 |
0.007 | 540000 | 1 |
Last trade - 14.08pm 07/10/2024 (20 minute delay) ? |
Featured News
PRX (ASX) Chart |