Mikxx1, you can click on my name, then go to my post history. The avg price of the 4 companies I was comparing was just under $800 per OZ in the ground. However, we had many posts relating to this topic. Bottom Line, I always use $150 per OZ & I always use 1g/T. So that gets me to the question of the last post you had, about not being conservative. Bottom Line again, I will not change my numbers. I really hope to be proven wrong by the drills, but even with conservative numbers, to come out with a calculation of 102 Million OZ, is unheard of, and that alone will be a story.
So, if you want to, or anyone wants to change the numbers, it's pretty easy to do. I came up with $133 per share based on the following:
- Only the Zona Central Anomaly
- Only 1 g/T
- Scaled by 68% (see below for a post on the scaling)
- $150 per OZ in the ground
The rest of the numbers are basically constants. So, if you want to change any of the 4 variables, it's up to you, but, I'm not going there.
Here's the post on the scaling factor & why I use 68%:
Re: Interesting Volume!!!