OTCQX:GTBAF - Post by User
Comment by
captainpoobyon Nov 24, 2019 6:14pm
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Post# 30387679
RE:RE:RE:RE:A 4-beer resource estimate on LP Fault
RE:RE:RE:RE:A 4-beer resource estimate on LP FaultTminus1blkswan wrote: Captainpooby, I'm more than glad to be wrong in the in-situ price. Can you refer me to anything that indicates this $100-200/oz? Thanks
This is link from when gold was 1200 an ounce. Even lower numbers, like 35-40 dollars /oz.
https://www.kitco.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html
Having said that, Chris taylor mentioned in one presentation that GBR gold in the ground price is in the 100-150 range due to it's near surface location and proximity to infrastructure.