IGC 0.00% 33.5¢ international goldfields limited..

Bello,I think the NKP presentation stating a $5 per ounce for...

  1. 55 Posts.
    Bello,

    I think the NKP presentation stating a $5 per ounce for explorers is basin on the 100Moz potential that they are looking at not so much on the industry

    Even gold explorers are trading at $30-$35 on an exploration with initial resource defined. Obviously the grade of the deposit would be crucial. The bbushveld region is where you want to be for platinum though.

    I would think platinum would be alot higher than $40 per ounce

    I think $100 per ounce would be on proven resource and the margin achieved on the mining

    on $5 IGC would be valued less than 20cents



 
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