Peer Valuations down to $39/Oz
We have published our updated junior gold comparison table for the month of April.
Valuations have collapsed below that December low but Friday it was announced that
Iamgold would buy Trelawney's gold project in Ontario at prices in excess of $100
per ounce.
While this is far from the norm, it clearly indicates how oversold the sector is
and the growth opportunities that exist once the gold stocks recover to even a modest
level.
The link for the complete article and comparison tables is shown below. It will also
be on the Stockhouse home page over the weekend.
Danny Deadlock
for Stockhouse Ticker Trax