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Thursday, December 09, 2010 7:30:14 AM
http://investletters.com/blog/how-to-value-a-mining-companies-gold/
"That’s not a large sampling universe, and we had to make some judgment calls when it came to defining what companies should fall in each category, but it’s what we have. So take these averages with a large grain of rock salt, but here they are:
•US$20 per ounce Inferred
•US$30 per ounce for M&I
•US$160 per ounce for P&P"
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