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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: seventh_son who wrote (4569)1/29/2005 3:03:00 PM
From: seventh_son  Read Replies (1) | Respond to of 18308
 
I should mention, when you absorb the statistics, the outlook for gold looks very strong -- ownership is low and potential for greater demand is high. That is why I think that GRZ is so cheap, valued at $12 mkt cap per P&P reserve ounce; even if the IRR is only marginally favourable at $400/ounce, the upside potential with higher gold prices is huge.



To: seventh_son who wrote (4569)1/29/2005 7:15:36 PM
From: goldsheet  Read Replies (1) | Respond to of 18308
 
> $1.95 trillion value all world gold (130,000 tonnes est)

Number is a little low.
USGS reported 135,000 mt in 1998
add in last 6 years, 150,000 mt is more likely.



To: seventh_son who wrote (4569)2/5/2005 8:35:56 PM
From: E. Charters  Respond to of 18308
 
You can add to those figures:

100. Potential Metal Value of resources of Wildcat Resources Ltd. -- 1.4 billion

It's a crazy mixed up topsy turvy world.

EC<:-}