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

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To: E. Charters who wrote (60070)6/21/2008 8:50:22 AM
From: AuBug  Read Replies (2) of 78410
 
I found more current data: eia.doe.gov

I took the data and plotted $/st vs Btu/st and did a linear regression giving me the equation:

$/st = 0.0238*Btu/st - 203.14 with R^2 = 0.8327

Using GX.v's average of 9,200 Btu/st in the 22.6 m thick seam yields a market price of $15.82.

biz.yahoo.com

So, what's Mr Market say it's worth in the ground?
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