Hello. I'm about to hit the water and am on my phone. Gold is now $85 per gram. We do not know what the price is for the pseudo rutile. if we ignore the rutile and include the rutile in the pseudo rutile then it would be a 75:25 ratio titanium:iron product which could sell for $900 per tonne at least. At 8% titanium:iron grade the earnings would be $72 per tonne of earth. this is 0.85g/t gold equivalent. pretty good for a surface sand deposit. keep in mind the operating costs will be much lower than for producing gold
PTR Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
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