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Bullboard - Stock Discussion Forum Minera IRL Limited T.IRL

Metals & Mining Industrial Metals & Minerals

TSX:IRL - Post Discussion

Minera IRL Limited > Gold Juniors averaging $45/oz
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Post by deadlock on Oct 21, 2012 9:15am

Gold Juniors averaging $45/oz

From a valuation perspective some of you may be interested in the article I posted this weekend. The report I publish monthly for paid Stockhouse Ticker Trax subscribers is currently averaging $45 per gold ounce (54 companies with a minimum 1 million oz in a 43-101). Prodigy (avg grade of 0.87 g/t) takeover this past week was also done very close to $45/oz. While Galway's takeover Friday in Colombia (to consolidate a region and target 4 g/t) was done at almost $200/oz - demonstrating the importance of higher grades.
Danny Deadlock
for Stockhouse Ticker Trax
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