The average price paid for a buyout in 2010 was around 13% of in situ, that puts 13% of 1300 POG= $169 PER OUNCE APPROX. See below;

America (mostly Canada) with 11 transactions accounting for 31% of the total. The price paid as a percentage of in-situ value in 2010 averaged 13% for the 60 gold deals—a 71% increase over 2009. The most expensive region for gold acquisitions was Africa at 26.9%. The least expensive region for acquiring gold in the ground was North America, with prices averaging only 3% of insitu value.

Here is the full link;

http://www.balkans.com/open-news.php?uniquenumber=105445

At a pog of $1500 today, that would be $195 an ounce.