Ann: Final Tres Estados Bioleach Report, page-75

Many investors know that there has been a great disconnect between the market cap of gold stocks and the gold price.
Your query may best be directed to a comparison of BCM and it's peers if you wish to single out BCM for criticism.
Many investors see this as an opportunity rather than the illogical link of SP and market caps of discovery companies.
The linkage is market sentiment.
Suggest you look at the ratio of gold stocks to GP.....it is approaching a break out level with the implied opportunity to have life changing gains.