I was loking at a website www.**promotion blocked**.com after googling about the value of Gold in the ground. They did some nice work looking at Gold reserves changing hands in the 10 years before 2013. The average price paid for Gold in the ground was around $US40/t . While I have no idea of the difficulty/costs in accessing the gold in the Suplejack reverse versus the gold in this study, just a quick calculation of this one reserve came out with a value of around $17m . With the PRX Market Capital at $40M and the number of areas of interest current being investigated you would think there are better times ahead.
PRX Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
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