That's fabulous Bungi2. No wonder you have a love heart next to...

  1. 1,544 Posts.
    That's fabulous Bungi2. No wonder you have a love heart next to your name!
    I'd love to see separate charts for explorers and producers too.
    Would you mind including CRK in the explorers list?
    Producers are leading the recovery but it is likely (in my view) that the explorers will follow closely at their heels.
    Because their gold in the ground is so very undervalued they have the potential to explode in price. For example, CRK's currently disclosed ounces are valued at not much more than $20 an ounce. With the upcoming (foreshadowed) announcement that will drop to around $18 an ounce - that's a crazy price for gold that can be open cut mined at around a cash cost of $350 an ounce.
    There are other extreme examples too - some where the reserves are valued at zero because the market cap is below the cash in hand!
 
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