IDC indochine mining limited

pboc injects $34bill + ecb $bill bondbuying, page-4

  1. 2,622 Posts.
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    Hey Scanno

    Really? The value of the silver could be higher than the current value of the 1.8million ounce gold?

    The price of gold is currently $1665/Oz

    The price of silver is currently $30/Oz

    A ratio of 55 times.

    That would mean 1.1Billion Ounces of silver which equates to the current value of the 1.8million ounces of gold.

    That is a lot of silver! That would lift it to the Top 6 Silver Deposits on the planet!

    BHP's Cannington Silver deposit in Queensland is the biggest in the world at 5.8Billion Ounces.

    If you are right Scanno, you might as well start ringing knee surgeons and let them know you will be paying cash......:)

    Cheers Nectar
 
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