Firstly..
Beach hope your ok…
That person your mentioning was Kaleen and the PIG.
Grub, yes your T20 right now but if this gets a hit then you and I will both be overtaken quickly by the real money moving in.
The Americans government gave nearly 2 billion to the development of a mine for Antimony under the defence ministry budget that only gets them about 35% of domestic needs.
So well where is the rest coming from ?
The Bouncer Area was mentioned as widening in the last Announcement. It was estimated at about 700 meters shown at present length and originally estimated at about 20 meters wide… now supposedly 70 meters wide of gold and Antimony bearing area . That would be quite a large open cut mine in surface area dependent on depth of the deposit.
700 x 70 =49,000 sq meters surface area if it descended 50% its length that is 350 meters that would equal
70 x 700 x 350 =17,150,000
sq meter of rock @ 1.6 density = 27,440,000 tons of rock…
27,440,000 x 5 grams per ton = 137,200,000 grams / 31 grams per ounce = about
4.4 million ounces = 20 billion dollars in gold alone with out Antimony credits.
I am not a geologist so don’t take these figures as completely correct.
ICG Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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