Not for junior exploration companies it isn't a discounting mechanism of the future. Because basically the properties have little or no value at first until you work on them. For instance if you lumped all the KAT properties and tried to sell them for cash right now you would have a hard time to get $15 million. It's the stock market that ADDS the extra to bring it to $15 million which is the going rate for raw properties PLUS to-day's value of what their potential might be. Perhaps we are saying the same thing.
Market Data 
Markets 
AI
