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re: assets and insitu values The ton rock value equates to .3%...

  1. denpal
    3,497 Posts.
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    03/02/07
    16:54
    Post #: 2163628
    re: assets and insitu values The ton rock value equates to .3% Uranium (3,175ppm), or 1.3% Ni, or 24.5g/ton gold, or 1,175g/ton silver, or 9.85% copper.

    And of course it is 16.9% Zn Eq as TRO have kindly informed us.

    That is a pretty rich brew I would say.

    Considering that a typical u/g gold miner breakeven is in the probable range 6-8g/ton, plenty of margin is apparent at current metals prices as of today.
    TRO Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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