What Will Someone Pay Tyhee For Its 1.33 Million Gold Reserve Ounces?
posted on
Jun 28, 2016 03:53PM
Question: What Will Someone Pay Tyhee For Its 1.33 Million Gold Reserve Ounces?.....Answer(s): I spoke to an Agnico Eagle IR person today who said $100 per reserve ounce ($50 for resource ounces)....Nevertheless, I've been told by a mining engineer that it could be as low as $25 for reserves, but most often, $50/oz. is the figure that seems to frequently roll off the tounges of the folks I've spoken to in the biz......My guess is that whatever "they'd" pay a week ago, would be higher today.....(Still waiting to exhale).