i've been looking like mad for a report of current "in-situ" gold valuations. there does'nt seem to be one?
about a year ago in-situ ranged from $75oz to $400oz with a good average for juniors around $200.
judging from the P/E's right now (juniors with earnings averaging approx 8 P/E) i'm guessing it may not have changed too much which tells me the market still has'nt caught on to the fact that producers are going to be making some serious money down the road.
if anyone has a current in-situ valuation for juniors in stable regions it would be appreciated...