BGS valuation, page-5

It's tough to value a stock.
I look at.
The resource, it's grade, the demand for it,
The amount available, the easy of mining it.
Then management, their experience and knowledge along with their enthusiasm and respect for share holders.
Then market cap, it's comparison to it's peers, the amount of shares on issue, then the amount of buyers to sellers and finally, weather a stock has an abundance of long term holders.
BGS looks in pretty good shape to me.
Good luck with the valuation, I'll be here for quite some time.