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Revision History For: BYG,T=GOLD$=P/Eof 5 ?

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Can anyone tell me why BYG Resources is still trading at only 5 times
it's earnings from gold production started in November ? They are producing now at about 50 % mill capacity, which they own along with the property it's on in the Yukon province of Canada, about an hour
from Whitehorse ( I think ). There doesn't seem to have been any promotion, which might explain why. They don't really need to since they are producing nearly a million dollars/month profit. Mill capacity upgrades are to be done by summer. Meaning it could be
putting out 3 times as much then. Current production is around $0.22/share/yr eps based on 44,000,000 outstanding shares and $800,000/month earnings.Certain reserves promise years of this. Drilling is supposedly confirming more reserves inline with neihbouring trends being minedby other companies. Don't gold producers usually trade around 10 to20 times their eps ?

See CANADA STOCKWATCH Website for full details.

Please offer opinions on why or why not higher trading ?