Chilly, I am trying to convey that: 1.) not all oz's are equal.  2.) world class deposits / companies are being traded for little value versus quality projects.  3.)  When trying to evalute a company, it isn't just the upside of discovery.  

I didn't state it at the end, but the junior market is sucking so bad right now, I honestly think if you looked into it far enoough, the average for all juniors with a resource, would be somewhere around $30/ oz, especially if you back cash on hand.  I am not saying BGM is $worth $30, I am ONLY saying that is how bad things are in the market, and not much of a premium is being given out.