DitR, I don't know if you've read this information in the past. It's a stab at putting a valuation on exploration companies. Maybe this will help. <A HREF="http://www.kaiserbottomfish.com/s/Educational.asp?ReportID=71104" target="_blank">http://www.kaiserbottomfish.com/s/Educational.asp?ReportID=71104</A> GTC