Here's a hypothetical if that is the case:

San Gold would be clearing $2200 per ounce with 3k gold and an 8 hun cost per.

A meager 100k ounces would net them $220 million without any accounting ridiculousness.

335 million shares out

That's an eps of 66 cents

Conservative p/e of 10 is $6.60 per share

Somehow if Au was pegged at 3k, there would be nothing conservative about the p/e ratios the miners. FBook trades at a p/e of 55.

p/e of 25 is $16.50 and who knows, maybe they throw in a dividend.

Just saying.