RE: Stock rises on NO news?To clarify once and for all, JS said SOR was worth $40 per share on an UNRISKED basis. Since probable reserves are discounted at 50%, reduce the unrisked per share value by 50%. Since the reserve estimates for SOR's projects are in the possible category, discount the risked probable value per share by another factor (e.g. 50%) to arrive at a risked adjusted value per share probably around $10 or less and that's assuming they hit on all their projects which is unlikely given the number of dry holes so far (e.g. Balu). So you may be looking at a NAV of $4-6/share.