RE: 43-101 Yes NES has the same market cap with 1/3 the shares. Nick always says, " compare the market cap , what we are worth in the market." OK. Did that. What does it tell me? NES is far more likely to run up on news as it is not nearly so diluted. At least at first glance I see that and people are willing to pay more per share for NES to be in play. At 300 million shares out CAN has this year to amke this happen. $130 mil sounds like a lot but not in the mining business if your planning on digging a hole somewhere on your property. At 300m shares out they had better hope they have 5 mil ounces confirmed and inferred by year end or they will be polishing up their resume' . What would you use as a reference?