Fair enough....

  1. 686 Posts.
    lightbulb Created with Sketch. 1019
    Fair enough.

    https://www.thebalance.com/why-per-share-price-is-not-important-3140791

    Worth a read if you are new to the stock markets. Always compare market capitalisation because each company has a different amount of shares on issue.

    From my personal notes, GSC has over 1.3 billion shares on issue. BGS has only around 240 million - big difference. At the same sp, GSC would be worth over 5 times BGS.

    With resource companies, MC needs to be measured against something to compare value. As they are both at a similar stage of development, a comparison of each projects NPV would be worthwhile. I would apply a premium to GSC based on its A+ location however.

    Like I said, the Pre Feasibility Studies from both companies will be very telling.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.