PXG

http://imagesignal.comsec.com.au/asxdata/20110704/pdf/01194501.pdf

It is worth only AUD$15 million. It has around 1.3 million oz of gold in its ground. The estimated cost of mining is AUD$850 per oz, i.e. not cheap. POG is USD$1667 per oz today. AUD$1=USD$1.07. Do you know how to work the arithmetic or do I have to take you to a primary school to realize the value of PXG?

If Italy collapses tomorrow, PXG is "worth" even more! Even if the ASX falls! If the SP of PXG falls again tomorrow, I will just have to top it up even if it is not a producer. It has not stopped exploration yet.