mkt cap vs igv, page-4

Acturtle Glad you asked

I agree IGV has little relevance but it is a quick guide.......For instance you would be pretty safe trading in the 1-5% range of the IGV going forward as the data increases. (especially when dealing with economic grades as we have here, and a project located in Aus close to built-up mining infrastructure)

Personally I feel the indications are there that this has a good shot at a 50-100MT orebody and possibly better....not saying we are anywhere there yet...but I feel comfortable with these kinds of potential numbers.

It also gives you a guide to what the market is saying and to me it is saying the concensus is there for 100Mt deposit. So if continuing drilling starts to show that then we can expect share price to rise relativly steeply. If not then we are overvalued for a 25MT deposit and about par for a 50 Mt deposit