Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: dalroi who wrote (12623)	12/12/2009 8:25:20 PM
From: gold$10k	Read Replies (2) of 48092

Hi Stefaan, Just as an example, I have identified a number of companies with greater than 2.5 Moz of 43-101 compliant gold equivalent resource in politically safe countries which are valued at less than $20 per ounce in the ground. A typical price to buy out a junior in a more normal market would be 10% of the current price of gold. In the midst of this bull market I'd call $20 per ounce silly low. gold$10k

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