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Re: how bad can it get?
posted on
Aug 11, 2008 04:59PM
Can it get worse? In a word yes.
But the market is being irrational here.
RR has 3.5 million ounces. By my calculation this puts our ingrond resources at about 25.00 per ounce.
Really cheap!!!
Considering the average takeout price in Canada is about $100.00 This should be $8.00 not counting any premium for the huge blue sky.
