RE: #2 Open QuestionAbout a year ago (before April when the TSX-V suddenly started collapsing), the industry standard was closer to $3-$4/oz, although of course some resources are more valuable than others due to:
a) level of resource (proven/probable vs. M/I vs. inferred)
b) geographic location
c) mix of metals (gold/silver/base)
d) perceived potential
e) etc.
Now, I find that number to be closer to $2-$3/oz, although again there is no rule of thumb. Either way, $1/oz is ridiculous, especially given what the company has clearly found.