JPC
That ratio is the approx. ratio of the silver price/oz to gold price/oz.
From the latest report, only the result from 14 holes have been released. Another 25 results are pending. As it is, the current results are very very impressive. If we see anymore similar results from the remainder, I would be very surprised if the price doesn't go ballistic.
We have to thank Norm Seckold for his generosity. He could easily have kept this mine for himself and not sell it to CJO.
Almost time to see the fruit of my patience. Bought my first CJO shares (KMN at that time) in Dec 2003.
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