This is my totally biased view:
BBX has 100 bagger,once in a life-time find written all over it (I've waited nearly 40 years for this!).
I no longer trade biotechs ( although I know the industry pretty well) or Hi techs just because there are so many uncertainties.One is dealing with intellectual property which can become worthless overnight if someone has a better idea.There are winners,but probably a 10,000 losers for each winner.In mining/resource stocks its 1000 to 1 (just my estimates).
BBX has reached the stage of near certainty with a massive payoff.
Once the refining process is accepted and deemed economic,how do we value the inground resource? $50 /ounce seems reasonable.
1 billion oz?? but just say ( and there are other geologist who concur with Midnight)= $ 50 billion in ground value.
100 bagger likely??
The majors will start a bidding war after 1 shows interest for whoever controls this resource controls the price of gold......which just happens to be breaking out.The stars seem to be aligning!