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Who owns most of the world's gold? Best of the Boards/Blogs

Stockhouse Editorial
0 Comments| September 14, 2011

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Top Bullboards post:

“It's excellent news: and if you recalculate these numbers using 98% availability, 80% recovery, today’s gold price of C$1,810 and grade at 1.74 you get an additional C$860k in revenue - an uplift of 20%. Frankly, it would be a surprise if they didn't beat every high for every metric in the current quarter, so my view is that anyone running the rule over this company should be assuming approx 29,000 tonnes per month grading between 1.75 and 2 (we know this is true given that grade at the end of August was over 2), with recovery between 80% and 85%. Fully loaded cost per tonne should fall below C$1000 as they begin to get to grip with their overhead, so the run rate will be very, very attractive as soon as they get the new drum filters installed.” From Tractorboy1 on the Anaconda Mining (TSX: T.ANX , Stock Forum ) board.

Top Bullboard:

Silvercorp Metals (TSX: T.SVM, Stock Forum) received the most reads and the third-most posts.

Top blog:

jerrio78 posted an interesting article on who owns most of the world's gold in the Takeover Targets blog.



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