SGV is so un-be-lievably cheap! This company's got indicated gold reserves of 2.5 million oz and trades at a market cap of $7M. That means the stock trades at 2.8 times the indicated reserves, which is ridiculously cheap compared to any other junior miners.

How come Searchgold trades at 28.7 x indicated reserves and (the also ridiculously cheap) KNB at 10 x indicated reserves?

Of course, SGV is further away from producing than KNB, but a factor 2.8, I mean come on!!