Nice thought but I do not go for it.
Here is why:
Golden Tag (GOG) 2008Jan09
RESOURCE Ag oz. INDICATED INFERRED BOTH
------------------------------------...
3,979,526 38,403,639 42,383,165
Value Ag@$15/oz. $59,692,890 $576,054,580 $63,574,747
No.of Shares 35,300,000
Value per share $1.69 $16.32 $18.01
Current share price $0.40
If it were just on Indicated than it is over priced by a factor of about 5 ( not likely). If it is both than it is underpriced by a factor of two. Am basing a real value on 5% of the in ground value i.e. 5% is $0.90 compared to share price of 0.40.