Rupert Resources Ltd T.RUP

Another comparison

[templetooth2]

Something I posted on the Marathon board:

A few comparisons

I'll probably add to this over the next few days.

As it stands today, Marathon with 4 million oz of M & I Resources and 270 million fully diluted shares carries a valuation of $472.5 million (Cdn).  That's $118.12 (Cdn) per oz in the ground. If you would care to give them credit for 1/2 a million of their inferred resources of 1.1 mm oz., that's $105 per oz. The big caveat here is there's going to be some dilution, pronto.

A few days ago, I found myself doing a comparison between Skeena and Rupert, two other projects in NW BC and Finland, both with about the said 4 million oz., but both with further growth potential. My point was that Rupert appeared absurdly over-valued with a market cap of $794 mm or $198.50 per undeveloped oz.  Skeena, a few years behind Marathon's permitting progress, is valued at $476 mm or $119 per oz. Be aware that SKE is pretty high-grade for an open pit, about 4 g/t.

I will add to this comparison in near future, as gardening activity allows. Meanwhile, please feel free to contribute your own comps.

[PACO2]

It sounds like you are jealous of Rupert for being a much better site than Skeena. The BC government is buddy buddy with the environmentalists - so really not friendly to miners  They dont want your mine unless you cow down to the aboriginals - who dont want you to suceed unless you pay them off with all the jobs and an unwarranted piece of the action. You should sell your Skeena shares and

[Nodga2000]

Now now PACO, no need to be rude, we should be welcoming potential new RUP investors who need educating! The other thing about RUP is that is has the Pahtavara mill, so very easy for them to get up and running into production should they need to. I definitely agree that templetooth should buy RUP!