gold company valuations ..

As this gold bull develops momentum credible gold companies will be valued at 20%, 30%, 40% and higher of the in ground worth of their gold resources.

Companies with near surface, good grade (over 2g/t) easy to mine gold will attract a premium.

I suggest you be very wary of nics who either don't understand gold or don't understand how to value a gold company when they stroll along into this place and with a shrug of their shoulders go on to tell you why the gold company you are invested in is way overpriced based upon the dubious assumption that gold companies should be worth around 5% or so of the in ground value of their gold.