In this December 15th issue of Canaccord's Junior Mining Weekly, it shows its Gold in situ database of the 38 juniors with their Mkt/oz of AuEq US$,
the lowest valuation was,
Gold Reserves Inc-$7.10/oz
followed by
Vista Gold Corp- $9.30/oz
Canarc Resources-$9.94/oz
ATNA Resources-$12.79/oz
and then there's
Tyhee- $14.88/oz
...................................................................................
Arithmetic Average of the 38 juniors is $157.27/oz
Weighted Average is $100.11/oz
(Junior with highest valuation was Andean Resources*, $ 985.81/oz)
* Its projects are in Argentina. Could Malbec or Rob McEwen have anything to do with its high valuation?
Cheers,
Baires