Say what? Snow....no disrespect, but do you have any clue as to how a commodity-asset-reserves'-based stock is 'Valued' in the publicly-traded market...Particularily in the Gold industry...As it relates to P+P OZ AU reserves?
...perhaps you need to read the comparative In-Depth Gold Stock Report linked above in the I-Box, performed this past Febuary 2006 as it discusses 'In DEATAIL'...this very topic! ;)
Then 'After' your broad knowledge has been expanded accordingly, please come by again and re-visit this very statement of your own. ;)