GREY:GYPHQ - Post by User
Post by
red911on Mar 21, 2012 8:29am
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Post# 19698575
Market Cap...
Market Cap... GGN... Market cap of ~$30M... SGN... Market cap of +$100M... Someone remind me again why this is the case? That's a rhetorical question. That gap should close significantly with this new financing arrangement and assuming production is progressing. Borealis has a much larger defined resource and expansion potential than Mineral Ridge. For GGN to equate SGN in terms of market cap it would trade at about 50 cents... which IMO it chould/should do over the coming weeks as production, expansion, dore news starts to flow. Agressive drilling should only propel share price from there in the near-term. JMHO.