cheapest gold stock or any stock 4 that matter, page-21

BAGM,

You write a rational narrative which might serve to persuade some that your valuation is reasonable however, IMO, your figures are wildly pessimistic.

Show me a 1.5-2mtpa plant that, in the past 5 years, has had a CAPEX cost $100+m and I will sell you a bridge in Arizona.

Show me any country that values JORC compliant inferred and indicated ounces at $5 an ounce and I will sell you the London Bridge.

Mineweb provides a comparison of listed gold companies using a market capitalisation to resources valuation. The peer group as compiled by mineweb website contains a list of 82 producing and non-producing companies with Proven & Probable (P&P) Reserves, with rankings shown by market cap to P&P Reserves. At the time, the weighted average market cap per P&P Reserve for producing companies was US$167/oz and US$100 for non-producing companies.


You are either mad or manipulative...you know it...and many here who understand the Australian gold mining industry well enough, know it.

I will even accept a reasonable discussion that argues for a lesser value than those derived by mineweb but, if it isn't close, it must still be in the same ballparl!!!!!!

I bit more sanity and a little less manipulation and half-truths please!