sharejon, tend to agree. My point is more directed at companies...

sharejon, tend to agree. My point is more directed at companies cooper holdings given they have had these for years, but is also relevant to US holdings, real value will be realised once they prove what they have in the ground. Not saying the values are wrong or right, just at the moment we are talking about potential, not reality perhaps, as HC correctly points out all speculation. Maybe some speculation can be more informed than others! :-D

Short joke to explain the difference...some long termers may remember this one!

Boy comes home with homework to write about difference between potential and reality. Dad tells boys to ask sister if she would sleep with Tom Cruise for one millions dollars and whether mother would sleep with Robert Redford for one million. Both say oohhhh yeahhhh and of course!! Father asks, so son what did you learn, boys says...well dad potentially we sitting on a couple of million, in reality we living with a couple of sl....ts.

Cheers, vaga