You never know who you can trust in this business ,when Barrick went to Indonesia to look at Bre-x they left quietly and never said a word ,they took some kidding later by companies saying ,,we never got sucked in ,
I dont know what gold in the ground is valued at today but a couple years ago the rule of thumb would be indicated,25 per oz,,and drill proven would be 100 dollars per oz ,these figures would be used only for calculating the value of a company ,but then again gold was 425 per then
just some thoughts
sam ..(still lurking ,and hoping ,I didnt sell yesterday ,) |
