Hi Folks,the $15M profit of CAH was arrived at by a very simple...

Hi Folks,

the $15M profit of CAH was arrived at by a very simple calculation of Total Gold Produced - Total Gold Production Cost = $15M.

In order to make a comparison on this simplistic calculation the same was applied to AXM to reach the 37.5% of CAH's result.

So:

AXM

Gold Produced = 15,000oz x (1600 Gold Price Achieved-1225 Gold Cost) 375= $5.6M.

$5.6M as a % of 15M = 37.5%...comparison in market caps=AXM sp @0.021.

Hope this has been explained ok

DYOR

Alt Out!