zones of focus, page-20

UFX much smarter people than me will tell us there are dozens of ways to attempt valuing companies....... most are wretched before any production starts....... the company hasn't made any 'we are mining' type proclamations just yet but no doubt stuff is going on down there......I'd be really interested to hear some opinions on how to value these stocks....... another couple of favs of mine are silverlake (now producing and making money) and also dominion..... now we are talking vastly different stocks but it's amazing looking across even 10 or 15 gold stocks with jorc resources and reserves and see the varying valuations for purely ounces in the ground...... mco right down the teeny end compared to many I've seen......it's unfair to do any cash flow analysis as there is no cash flow...... but once it starts...... wow it will be interesting...... everyone has their favourite way of 'mining value' in these spekky plays..... good luck......