RE: RE: RE: RE: Why Not RunningAllen
I was able to dig up a Canaccord document from 12-15-10 (although not the link from a few weeks ago, it does show some great data, page 1 and page 36).
For gold in-situ, it shows Au equivalent arithmetic average across over 40 mining stocks as being $158.76/oz CAD, and also it shows $101.50/oz CAD for the weighted average.
Of course on 12-15-10 gold was priced at $1386.20 USD, and silver was $29.25 USD. Gold is 29% higher with silver an impressive 37% higher.
I'm comfortable with using the $250 figure, although as noted it's still a 10-bagger if using $175, and this is after factoring in eventual Lode-Star 13% dilution, and only taking into account GF Bonanza, and disregarding my strong belief that gold will sail past the 1980 inflation-adjusted high of $2400 in Q1 2012.
https://www.scribd.com/doc/59336108/Canaccord-Junior-Mining-Weekly-Dec18-2010
https://www.goldalert.com/2010/12/15/
USD about 2% weaker since 12-15-10 as well.