Even better example we have here on Agoracom:
Fire River Gold has NI 43-101 indicated resource of 128,500 ounces and inferred 74,600 ounces of gold and has Market Cap 35,66 M$, PEM with at least 5 times more Ounces has Market Cap only 48 M$, well guess 35,66 * 5 = 178,3 M$ and that is almost 4 times more than current sp 0,42 what means 0,42*4 = $1,68 must be our sp right now, sorry Bashers but that is reality...
GLTA!