RE:RE:valuation Potential
MMV stated a few months ago they would not accept anything less than $110 per ounce of gold for gold in the ground. I would have to dig to confirm that but that is the number that has been mentioned on a few different boards over the last few months. That being said if you go on the Kitco website they've done some research on the price of gold in the ground and the average price over the last 25 years is about $45 per ounce in the ground