halcro, you want to restart valuation game. Ok. Fair enough. Was fun last time. Time to rehash. Except do it without looking at previous estimate.
For sure this is 1M oz total across all projects after retraction of June/Aug technical report.
Small gold explorer is worth roughly $9 per oz of AuEq these days. That is at least $9M valuation. Now say 125M shares which makes worth 7 cents a share.
Now high priced geos should be able to add 1M oz in revised Cow Mountain report which means another 7 cents per share.
Ok, lets call it 15 cents a share.
No point trying to scare longs. BGM has value that is for sure.