Peer comparisons are interesting Prof.
Here is a couple with the same number of shares on issue as BGS.
Bassari (1 million ounce JORC) and is 2.8 cents.
International Goldfields 1.7 cents.
There are a couple of others that also have Copper projects as well (like MOD), so they are a couple of cents higher.
It looks like 2 cents would be a good target for BGS in the current global sentiment for gold.
After a JORC, it could possibly push up to somewhere between 3 and 4 cents, and if the sentiment for gold picks up, as expected in the second half of 2013, then possibly up to 5 or 6 cents.
There is a long way to go, and a lot of skill, and luck, and money (possibly dilutive) is required.
This is a good start though.
Gw
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