Ann: Strong Maronan Resource Review and Maiden Indicated Resource, page-59

Here is a different way of looking at the same information. Based on share prices just now.

If you invest $1,000 in each company today, how many Ag ounces do you get access to in the ground? How many Ag Eq ounces do you get access to in the ground? Ag Eq is all mineable metals expressed in Ag ounces.

Granted all companies have different features and benefits, and you should DYOR on all features and benefits of each company and their projects. But as a starting point it is good to consider the relative prices you pay compared to some commonality in value measure. This is one such measure.

Entry price is important in determining return multiples. Buy where the market in mispricing the asset. That is what the market is doing now with MMA and BML (also HYMC in the USA which is offered as a comparable).

Right now what I would say is that, the silver sector is so undervalued (gold too) that while pricing is important, what is more important is that your portfolio has a decent allocation to this sector. Most people do not, most have a pitiful allocation and they will suffer the consequences for this. Each of these companies should do well. A rising tide floats all boats.