Interesting theory .However,as you would know there may be many...

Interesting theory .
However,as you would know there may be many reasons why a company would have a lower market cap per oz.
these could include
.poor record of delivering on what they say wil happen
.trust issues with management
.low grade large resource
.poor access and too deep
.staff issues and access to reliable infastructue
.fly in fly out costs.
.difficulty accessing machinery
.too many shares on issue and shares held in unsafe hands
.limited prospects of further discovery
.plus any number of reasons
bc8 ticks all the positives on those few mentioned
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