Kudos: a very thorough analysis. The only thing is that I believe KRY has almost double the gold resources as Aurelian. Aurelian's PR says "Inferred Mineral Resource of 58.9 million tonnes grading 7.23 g/t of gold and 11.8 g/t of silver for 13.7 million ounces of contained gold and 22.4 million ounces of contained silver" http://www.aurelian.ca/dynamic/press...

Kry's 2007 press release indicates a total of 27mm ounces of resources.

Now this doesn't take into account cut-off grades, cost to mine, etc. etc. etc. but I think it does give justification for a much higher Market Cap. All in all, however, I appreciate all of the hard work you did on your post.