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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Post by SizzlinSteakson Jan 31, 2014 11:53pm
144 Views
Post# 22161285

$19 per oz average valuation for junior gold stocks

$19 per oz average valuation for junior gold stocksInteresting piece from Danny Deadlocks blog. He says that an average valuation for junior gold stocks is $19 per oz. (Stated just below the AKG chart about half way down in his blog from today)

Ref: Danny Deadlock's blog

This suggests EGX market cap should be around 190 million based on its gold resource alone.
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