How to Value a JR's Gold in the Ground | The Daily Gold
At any given time, we know the international spot price for an ounce of refined gold but what about the gold an exploration or mining company has in the gr… … Then, when gold ran up over $1000 before the crash of 2008, these valuations went out the window, and some companies were getting over $100 for merely Inferred ounces – do we have your attention now? Conversely, just after the crash, there were companies having a hard time getting $10 for M&I. …
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