GOLD
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0.51% $1,391.7 gold futures

on that point, but for a quick gross calculation of any gold...

  1. watso
    29,845 Posts.
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    26/12/08
    16:17
    Post #: 4638577
    on that point, but for a quick gross calculation of any gold resource, then do everything as a calculation as a percentage of 3gms per tonne. at 3 grams per tonne, a resource is worth 10% of the current gold price (on a per tonne basis) 2gm/tonne = 6.6% of the current gold price etc etc. usually allow for about 90% recovery
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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