Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Re: "What's a Company's Gold Worth?"

EZ, $1000 may be the new $100. This article discusses some recent purchases at the all in purchase price per ounce, and supports much higher valuation today with higher gold prices: http://www.resourceinvestor.com/News/2010/10/Pages/Osisko-Prey-vs-Predator.aspx

Of note, in the Red Back deal, some $7 billion for 91% of 7.9 million oz p&p, Kinross is drilling to increase reserves to a "hoped for" estimated 20 million oz.

3
Oct 09, 2010 10:29PM
2
Oct 10, 2010 09:50AM
Share
New Message
Please login to post a reply