Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: Proud Deplorable	2/27/2008 12:08:31 AM
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"Another way to view the situation is to compare the price of gold with the average valuation being assigned by the market to the in-ground resources of junior gold mining companies. This exercise has been done by Canaccord and it shows that since 11th October last year the rise in the gold price from $750 to $900 was accompanied by a 30% DECLINE in the average market value of the junior mining sector's in-ground gold resources." kitco.com . . .

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