I don't disagree that the grades aren't spectacular. VML have drilled 150+ holes and still going at it. RAU have drilled 13. My point is that you are basically writing off the resource before its hardly started.
As for marketcap, and I'm not downplaying VML at all as they have a proven resource, but RAU does have fingers in a number of pies, whereas VML is prety much Watershed. RAUs marketcap is currently 16% less or thereabouts.
I do agree also that RAU is a trader's paradise atm and has alot of exposure which contributes to a higher shareprice than it might otherwise. But for this same reason it is more likely to be maligned by pesty posters.
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