OTCPK:DRLDF - Post by User
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MinerPlayon Feb 11, 2016 4:35pm
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Post# 24549794
DNA.to vs AVK.to
DNA.to vs AVK.toI like DNA and held shares as of this morning. I compared Dalradian to Avnel (AVK) and found these things in Avnel's favour:
-Market cap $183m for DNA and $73m for AVK - Avnel has much more room to move upwards
-Capex - $249 million for DNA and just $147 million for AVK, and even lower costs to get into production really for AVK because they'll use hydraulic mining to process the tailings during production which should give at least $50 million dollars in revenue back towards production costs
-Ounces per year - similar numbers - Avnel will hit 200,000 oz in year 3 and will average 135,000 ounces for first 6 years
-Easier permitting on the Avnel property - the community is already working there and are more supportive. Some of the residences have to move and this process is well along and going well.
-Avnel's catalysts are in this first quarter whereas Dalradian's catalysts aren't until the 2nd quarter.
So I've just put my money into AVK and after I've made my money, maybe I'll move it back to DNA hoping to make money off of the catalyst of both projects. That's my strategy - let's see how it goes.