LAF lafayette mining limited

Wloogolf,When you are trying to convert the whole world to...

  1. 1,192 Posts.
    Wloogolf,

    When you are trying to convert the whole world to metric it gets very difficult but it is so easy to convert these days when you are sat in front of a computer.

    1 tonnes = 2 204.62262 pounds

    The gold valuation is close to the mark at it's current price of US$641 oz but it is assumed that it rises US$731 next year so I think it is an overestimate. Even more so considering that they are only producing gold as a biproduct of the base metals at the moment.

    Copper is a reasonable valuation, is below the current price and even allows for a substantial drop in price next year.

    Zinc valuation is at the current price and allows for a drop in price next year.

    Overall i see the gold as a big problem however others may see it differently :)

 
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