Does anyone here follow gold miners in general? I don't think I've noticed too many peeps here this past week about the Burnstone or Hollister resource. Burnstone is around 20 mm oz, in all categories (including inferred). Hollister I believe is over two. Both are very nice grade, Burnstone is 4 to 5 gpt in a world where the average grade of all mines in production is about 2 gpt, per the last decent analysis I saw on the subject. Hollister has some of the best grades in Nevada, though for now it has a mill almost 300 miles away...that's a little crazy fuel cost wise. I'm sure many are here just because it's bk and likely to be volatile, but I'd love to get some discussion going on the merits of the two properties given that this case is going to come down to two auctions, both likely to take place a few months from now. I'm not sure there are 25 viable deposits in the world that exceed 20 mm oz in all categories (though there are a few that are much bigger). Personally, I'm trying to find some good comps. In-situ numbers of 70 to 140 an Oz are common in buyouts right now, but this isn't a buyout. And there are producers, like Croc, making cash, valued at 20 to 30 oz in the ground, plus I'm not 100% comfortable using GBGs inferred oz as opposed to the smaller but still very large proved and probable resource. Thoughts?
