Belo Sun’s shares trade at a P/NAV of 1.02x (2% premium) to the 10% NAV estimate of US$0.87/share using the spot gold price of US$1,469/oz.
 
Notwithstanding the above extract from the most negative analyst assessment (BMO), given today's drop in its SP, BSX now trades at a 21% discount to the 10% NAV estimate of US$0.87/share. GLTA