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Cornerstone Capital Resources Inc V.CGP


Primary Symbol: CTNXF

Metals & Mining Industrial Metals & Minerals
Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.


OTCPK:CTNXF - Post by User

Cornerstone Capital Resources Inc
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Comment by thefareguruon Apr 28, 2011 12:46pm
266 Views
Post# 18501408

Silver is finally approaching its historic ratio

Silver is finally approaching its historic ratioThose of you who grew up in the days when the prices of gold and silver were pegged will know what I'm talking about.
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The price of gold was $35/oz.
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The price of silver was $1.29/oz.
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gold/silver = 35/1.29 = 27.13
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From CME live silver trading
https://datasuite.cmegroup.com/dataSuite.html?template=fut&productCode=SI&leadMonth=SIK1&strategyType=RT&exchange=XCEC&monthDisplay=N&selected_tab=metals
Silver is approx. $49 as I write
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From CME live gold trading
https://datasuite.cmegroup.com/dataSuite.html?template=fut&productCode=GC&exchange=XCEC&strategyType=SP&selected_tab=metals
Gold is approx $1530
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gold/silver = 1530/49 = 31.22
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Yes, I realize that there is still a sizable differential, but it's not as large as it has been, even 3 months ago.
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