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spiny

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Gold in the ground prices

posted on Sep 16, 2009 03:58PM

From another board: Here are some valuations of "gold in the ground" based on company value/ounces. Quite a range, from $3 to $450. I didn't see the original article, so I'm not sure what classification the oz of gold is in, or how thoroughly each company's properties have been evaluated. Based on a few I'm familiar with, I'm sure the locations, states of progress, finances, etc. are all over the place. These are companies the author considers targets for acquisition. No telling what an actual buyout price would be.

Here is a list of Au stocks present value/oz from an article by Barry Sargeant. SELECTED "TOP ACQUISITION" GOLD TARGETS
	Stock	Value	Gold	USD/
	price	USD m	ounces m*	ounce
Western Copper	CAD 1.88	0.133	8.05	16.54
San Anton Resource	CAD 0.27	0.026	2.97	8.81
Andina Minerals	CAD 1.58	0.134	13.80	9.74
Taseko	CAD 2.77	0.465	13.30	34.95
Northern Dynasty	CAD 7.87	0.674	47.10	14.31
Detour Gold	CAD 11.82	0.540	13.20	40.94
Moto Goldmines	CAD 5.43	0.553	18.03	30.66
Great Basin	CAD 1.68	0.516	13.25	38.97
Gold Reserve	CAD 0.66	0.035	11.84	2.99
Ivanhoe Mines	CAD 12.77	4.451	15.80	281.68
Crystallex	CAD 0.28	0.075	16.90	4.42
Novagold	CAD 5.47	0.930	14.70	63.27
Centamin Egypt	CAD 1.76	1.644	12.30	133.62
Banro	CAD 2.59	0.253	11.24	22.51
Greystar	CAD 3.56	0.173	15.02	11.52
Gabriel	CAD 1.85	0.524	12.64	41.45
Osisko	CAD 8.43	2.202	8.93	246.58
Guyana Goldfields	CAD 4.46	0.268	5.41	49.52
Minefinders	CAD 10.84	0.592	6.74	87.82
Northgate	CAD 3.07	0.724	6.90	104.97
Exeter Resources	CAD 4.71	0.271	19.60	13.84
Seabridge	CAD 33.82	1.169	34.50	33.89
Terrane	CAD 0.30	0.031	6.70	4.67
Perseus Mining	AUD 1.17	0.303	5.30	57.14
Crew Gold	CAD 0.49	0.048	6.40	7.54
Lihir	AUD 3.02	6.163	41.10	149.95
Newcrest	AUD 33.92	14.124	70.60	200.06
Avoca Resources	AUD 1.69	0.396	1.45	272.90
Andean	AUD 2.42	1.031	2.30	448.20
Resolute	AUD 0.60	0.182	8.00	22.76
Norton Gold Fields	AUD 0.21	0.074	5.61	13.24
Adamus Resources	AUD 0.40	0.097	1.90	51.00
Dominion Mining	AUD 4.26	0.378	1.16	326.21
Dioro Exploration	AUD 0.82	0.048	2.15	22.31
St Barbara	AUD 0.30	0.380	10.60	35.82
Intrepid Mines	AUD 0.33	0.120	2.57	46.62
Mineral Deposits	AUD 0.83	0.400	3.51	114.08
Saracen	AUD 0.29	0.096	2.15	44.46
Norseman Gold	GBP 0.45	0.128	1.90	67.26
Rye Patch Gold	CAD 0.23	0.009	2.95	3.17
Avion Resources	CAD 0.38	0.073	1.00	72.78
Highlands Pacific	AUD 0.18	0.098	2.29	42.99
Detour Gold	CAD 11.82	0.540	13.20	40.94
Chesapeake Gold	CAD 4.63	0.163	11.7	13.97
San Gold	CAD 3.04	0.726	1.60	453.50
Silver Standard	USD 21.60	1.549	23.50	65.91