Gold to silver ratioWith over 4 million ounces of silver at Balabag the gold to silver ratio will determine The AU equivalency. Traditionally GSR is around 20 ounces of Silver per ounce of Gold. For 2020 GSR was 114. Compare to 1980 GSR was 15. Silver is primed to move upwards. Hopefully we’ll see some positive drill results and GSR creeping up to historic levels. Good luck to all.