Expensive? After the Aurico selling spree of all its assets they are left with just two producing mines with possibly 240K oz production in 2013 and maybe 280K-300K oz over next several years as YD ramps up further. With the cash proceeds I believe most will go towards paying debt and funding YD capex u/g development and likely not much left (although I have not analyzed this but suspect that is the case). Compared to other similar producers that either do not have the debt or the hefty capex development requirements, is $2B valuation not a princely sum for say a 250K oz producer? Just asking ...