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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (2131)11/21/2005 9:52:07 PM
From: tyc:>  Read Replies (1) | Respond to of 78406
 
LOL ! I too like NGX, but right now I am ENAMOURED of Agnico Eagle. Look at the chart !

Agnico eagle recently bought a mining junior in Finland for stock, valuing the company at US$150 Million. This company has measured and indicated resources of 2 million ounces, And I heard the Agnico ceo say that there was a "geological resource" of 3 million ounces. I wonder if that gives a value-pointer to all juniors. US$50 per ounce of "gelogical resource". I wonder if Bruce would comment.