RE: WOW 30million + deal with ARGONAUT It may be much better than you calculate. WM is a hot springs type deposit which could easily be far larger than BVA's limited drilling has shown. As an example ANV's nearby deposit is of the same nature and holds some $16M oz.
AR has the cash to drill WM to its full potential so if that comes to say, 5M oz eq. the payout to BVA could be $250M. AR will have sufficient cash to build the required production facilities so it's a win/win for both.
Important as well, BVA can now get on the business of developing their other 20 properties in Nevada. By showing their potential to develop and create constructive deals BVA shareholders can see their investment as an inexpensive entry into the very productive gold belts of Nevada.