What have you been smoking, Scrooge? How do you get those...

What have you been smoking, Scrooge? How do you get those forecasts and where is the consistency on your valuations? You might start with current resource and apply a dollar per oz figure as a baseline and adjust from there depending on costs to mine, grade, strip ratio, management expertise, jurisdiction, infrastructure, further potential, etc.

Just a crude comparison, if I'm understanding the last BDR preso correctly, they have 3.9m oz for a mkt cap of $234M. CDV have a similar mkt cap of $238m but almost double the resource of 7.4m oz with potential for surroundings areas to make this one of the largest discoveries in a while.

You might wish to take another look and also consider what these CDV shareholders are thinking, especially Gold Fields, who might be on the takeover trail...

* Bank of Nova Scotia 10.35%
* Van Eck Associates 7.49%
* Gold Fields 6.98%
* Royal Bank of Canada 6.02%
* Sprott Asset Management 4.98%
*Commonwealth Bank 4.77%
* US Global 4.00%
* Macquarie Bank 3.64%
* Aga Nola Fund (Switzerland) 3.00%