CC is starting to talk about 3m ozs of gold.Lets say we have 2m ozs of recoverable gold.What is the profit margin on this much gold who knows wgat the price of gold will be.The profit margin goes up considerably as we mine more gold.
OK so say 2 m ozs of gold at $600 profit per onuce that equates to $1.2 billion in profit.The numbers could go much higher than this,some chance gold could go down but it is also very possible we will have more gold.
What does this make us worth,well a lot more than .25c!
About 750 million shares on issue I would think we should be at around .40c now with what in the future?
What do you think?
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