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Gold/Mining/Energy : Precious and Base Metal Investing

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To: philv who wrote (38128)7/24/2006 9:42:07 AM
From: I_C_Deadpeople  Read Replies (2) of 39344
 
I don't own NG at the moment but back of the envelope calcs:

Share of Donlin 8.5M oz
Galore 13.2Moz

For now ignore copper and silver etc call them credits.

That is 21.7M oz of gold (including inferred), at $1.29B buyout, that is about $60US per oz? $68 CDN or so?

Seems awfully cheap.
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