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Politics : Gold and Silver Stocks and Related Commentary
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To: loantech who wrote (9475)3/26/2005 11:24:38 AM
From: loantech  Read Replies (3) of 18308
 
With Silver at $750.00 per ounce a 60:1 gold to silver ratio puts Gold at $45,000 dollars per ounce. If CKG finds 5 million ounces, gold in the ground should be worth $44,000 per ounce. So 5,000,000 times 44K = 220 billion divided by 18 million shares out means CKG will be at $12,222.00 per share. <g> Some one check these figures please. Beats those other predictions all to heck.
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