snug, unlike many here i'm not familiar with the NOT story but it seems to come up continually...so i took a quick look at the basics and am comparing it to GNH.

at first glance here's what i see:

NOT has approx 25M tons of measured/indicated inferred (43-101), the grade seems pretty similar to me (between 1.5-3gr/t)

without embellishing it looks to me that GNH will have 40MT this year that's 43-101 compliant for (measured/indicated/inferred) at similar grade.

NOT has a market cap of approx $174M

GNH has a market cap of approx $41M

this tells me a few things:

1- in situ value of $100oz on 43-101 compliant (measured/indicated/inferred) is pretty close to where NOT is valued. considering NOT's small resource size i think that's pretty good and do not see why GNH would be valued any lower. in fact, the bigger the deposit, the more you can expect in-situ

with no other factors (no blue sky) considered. by NOTs current valuation it seems that if GNH can show 40MT at similar grade the market cap will be $278.4M (or about $2 per share)...that's a 5 bagger from here and i dont see where it's overly optimistic or "sugar plum fairylike".....please show me where i'm wrong.