NMC nustar mining corporation limited

*****10.66 g/t for a contained 412,000 ounces. ***

  1. Broke
    2,036 Posts.
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    08/12/04
    11:00
    Post #: 695735
    Need help on valueation

    At present 59 percent increase of resources and to the declaration of a mining reserve of 1.20 million tonnes at 10.66 g/t for a contained 412,000 ounces.

    How much valued does this work out to be?

    Is gold 425 oz?

    425 x 412,000 = $1,751,000,000.00

    1,000,000,000 shares aprox

    Does this make NMC 17 cents per share?
    NMC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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