A. No, more leveraged to gold. The tipster might not be so good at maths, which is a bit of a worry. On global resources, a ton of ore has about US$300 in gold and US$35 in silver. If the silver:gold leverage ratio never exceeds 3:1, as per historical norms, then Kingsrose is always a gold miner with silver credits (albeit healthy).
A. No, more leveraged to gold. The tipster might not be so good...
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3.3¢ |
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Mkt cap ! $26.37M | |||
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