That was exactly my point, Misfit. EAG has an underground mining deposit with erratic high grade veins and nugget effect, hence the high cut-off. PDG, formerly Kodiak Exploration, is looking at reviving a past-producing open-pit mine with nice exploration upside. Open-pit = lower cut-off = lower production costs = higher valuation per in-situ ounce. To compare EAG to PDG is comparing apples to oranges, not saying that EAG is not undervalued, though. FANTOMAS