quick question - where is this heading?......., page-42

Devander,

You raise an interesting point,.." ...will never be mined..."

This is always a risk, with a company just being valued on its resource. There's a long way to go from a resouce to a producing mine. Clearly, Paladin, is being valued on a 'going concern' operating mine basis. Also, maybe this is why BMN is stuck at its current level.

I think the very point your missing, is that this resouce WILL be mined. The market IS looking further down the time line, than you are.

Your rejection of the current EXT valuation, is that, It's already gone up, therefore it can contiune to go up?

I'd love to know what you think about the following:

1. What is a fair value for EXT at present?
2. Basis for this valuation
3. Why this resouce will not be mined

Cheers, Skip