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Sunday, May 31, 2009

May '09 Month End Report

Days since inception: 516
Cash balance: $10.15 (all time)
Cents per day: 1.9670 (since inception)
Predicted day for $1,000,000: Friday January 7th 141,200 AD

= 1,020.30 oz of Gold @ $980.10 (as per Nymex close near month)
= 15,006.00 barrels of oil @ $66.64 (as per Nymex close Light Sweet Crude near month)
= 63,492.06 oz of Silver @ $15.75 (as per Nymex close near month)

Well the May effort has slashed a further 13,000 years off of the predicted completion date, so the trend of reducing this date has stayed intact which is a positive. My rate of finding money has almost reached 2 cents per day, hopefully I can find enough in the next couple of months to get that "Cents per Day" stat firmly above two, then we should see the completion date really come in.

One worrying point is if you compare the commodity prices this month to last months report, you will see that the dollars I'm finding are buying less and less real stuff. I feel like I'm swimming against the tide...

-Luke Sidewalker


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