Well, They can't dillute therefore, they can't RS
Post# of 5546
Well, They can't dillute therefore, they can't RS either. Therma med has RP'd NO RS, EVER! ANd how do you know what the company is worth? No one knows untill they dig the stuff up and start processing it. 200M is not that much gold, silver, pallidium! and Copper per ton! The suspected mill that will process this ore has a capacity of 200T a day if I recall correctly! If it's less just fractionalize the numbers wich are not exact. These are just ballpark figures.
Lets do some calculations here. 1oz gold per ton @ 1700= 340,000 a Day!!! Any one cane see that will be well over the 200M a year.
Silver! Say 10 oz per ton at 30 am oz 60K a day! wich is 21,900,000 .Thats is 21 million a year
Copper! say 150 pounds per ton. X $10. 300K a day. We can also see this is well over 100M ayear.
So inless you have went up to the claim and done an inventory and know exactly what's there, Your just ASSuming! ANd Credability should be questioned.