Value of Q-Gold in gold (40kg) and stone (10000m^3 with 2gr/t gold)

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HHufnagel

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Value of Q-Gold in gold (40kg) and stone (10000m^3 with 2gr/t gold)

posted on Sep 01, 2010 12:46PM

I just calculated how much gold equals the value of Q-Gold.

1,8 Mio CAD is just about 1,73 Mio $

Gold is about 1250$ so one needs 1386 pieces or 43,125 kg Gold

1 m^3 of stone is about 2t,

so one needs 10781 m^3 with 2 gr/t gold.

In the area of Q-Gold there should be far more than 40 kg, because there are some veins with higher values.