Analyst Considers Implications of $1,000/Oz Gold on Gold Stocks, Sees Eldorado, AuRico Thriving, Barrick, Newmont, Agnico Surviving

Barry Allan of Mackie Research issued an interesting note Monday morning which discussed the likely effects on gold-related stocks should the commodity fall to $1,000 per ounce or below. Allan does not believe gold will fall to levels below $1,000 per ounce amid strong long-term demand moving forward. The Mackie analyst ran stress tests on the following stocks, placing each into a "Thrives," "Survives" or "Dies" category (only US-listed stocks are seen below).