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Message: The Whole Magnificent Kimber Story

Bull,

Excellent, and thank you for sharing this.

My one question is (just using ballpark figures here): Let us assume $900/oz gold for now (even though we all know it's going higher). Kimber is currently priced around $30/oz if we use 2 million oz.

What price would a major typically pay for these ounces? I suppose it depends on how high quality they are, how close to the surface, etc. Clearly they would not be paying the full price of gold, but clearly Kimber would not sell their gold for $30/oz either. Would you expect somewhere in the $200-300/oz range?

Hysteria

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