Easy there bluebird...I hope you are right but I have yet to see another deposit even in Quebec where valuation is that high.

I own CMM and am very happy with them, lots of blue sky potential but they also have 6M ounces of gold at Lamaque in Quebec with potential for even more. Grade is good at almost 5gr per ton. They are cash flow positive, have done some financings lately and expect a big financing to close anytime time now.

However, even with all this, they are sitting (actually been moving very well last month or so) at a MC of $78M...a far cry from the 1.2B they would have if they were valued at $200 per ounce. Currently, they are getting $13 per ounce, and this is after doubling their SP in the last month or so.

I am in both plays 50/50 and believe both will do extremely well but at $200 an ounce, I think you are reaching.

Glorieux