The SPX Comparison is relevant, you have to weigh up their penny west prospect and compare it the numerous prospects within our tenement + the assets we own. We have encountered a number of high grade intercepts so i would not over exaggerate the comparison of grades.
It is old news. As a holder of BCN, I'm not going to cross promote them on this thread. Some comparability, however, they have a completely different business model, they have started with real small production and staged their development, yes they are way undervalued and are able to fund future exploration with free cashflow. If they were to receive a TO offer it'd be multiples of their current SP.
Ann: Second new gold deposit defined at Sandstone project, page-115
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