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Gold/Mining/Energy : Amarillo Gold -- Ignore unavailable to you. Want to Upgrade?


To: rexstatic who wrote (72)10/31/2007 12:45:18 PM
From: TheSlowLane  Read Replies (2) | Respond to of 85
 
Well, I think there is close to a million ounces (M&I&I) at Mara Rosa. So that would give us $33/oz for gold in the ground. I believe recent takeovers have been for a multiple of that (3-4x). That assigns no value to Lavras do Sul and Ourolandia.