Just like a person buying or listing a home would use...

Just like a person buying or listing a home would use neighborhood comps to determine price, my belief is that the market is waiting for a comp to value ORE. Until then, analysts will be using arbitrary earnings multiples to determine value e.g. 10x forward earnings, 12x forward earnings, 14x forward earnings, etc.

FMC Minerals will be, by far, the closest comp. They operate in the same jurisdiction and their production profiles are similar.

In my opinion, the FMC Minerals spin out in early 2015 will be the catalyst for a revaluation of ORE.