RE:RE:RE:RE:Agnico Eagle Reserves Yeah, and the points Suregold just made here, along with Nozz and ES in his various comments, one ounce of gold in Ore which is high grade, near surface, and in a location with infrastructure already existing ( i.e. not on remote wilderness in NW Territories, as an example, not to mention political jurisdictions where you may get various forms of confiscatory govt action) is worth a LOT more than 1.5 gram per ounce ore in places much much less favorable than in Newfoundland..
Most gold mines worldwide are mining gold at somewhere around 1.0 to 1.5 grams per ton.
ES points out how mining high grade ore( say 8 grams or higher per ton) is WAY more profitable than the typical low grade ore mine. But, ES pointed out how it took quite some time for investors to realize that regarding Fosterville....
BUT, that was a history lesson, andI would imagine that this time, investors will realize this ( this message board will also convey that message over and over).
"Don't Sell Out to BIG Gold. - BECOME Big Gold !
IOWs, NFG should I'm to Stay INDEPENDENT