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Message: Re: Arequipa buyout
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May 12, 2011 08:50AM
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May 12, 2011 03:10PM

Lots of good posts today & links!

Lots of Arequipa examples, and comparisons, which look promising for our future.

Remember when this deal was finally done, it was based on Gold trading @ approx $400 per OZ, and when you do the Math, they got approx $200 per OZ in the ground based on approx 5 Million OZ

Here's 3 years of Average Gold prices

1995 = $384

1996 = $388

1997 = $331


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May 13, 2011 12:18AM
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