SGD vs. MOZ Two interesting companies, each at different stages of development and each with their own pros and cons:
Current Market Caps (source: TMX Money):
MOZ 445M
SGD 290M
Location:
MOZ: Valentine Lake area, Newfoundland.
- Closer to infrastructure
- Suspect seasonality will be less of an issue.
SGD: Eastern Yukon
- Isolated vs. other large projects:
a) Victoria Gold's Eagle mine (in production)
Located in Central Yukon (personnel work in a fly-in / fly-out work rotation via a commercial airstrip, 300-person all-season well-equipped camp, connected to the Yukon power grid, located 80 km to the south near the village of Mayo).
b) Newmont's Coffee project (recently approved by the Yukon and Canadian governments)
Located in Western Yukon approximately 130 km south of Dawson City.
- LIkely increased cost of and difficulty drilling during harsh winter months with little daylight each day (in addition to inflationary factors) given SGD is a small explorer in a remote area of the Yukon that does not possess the level of funding and infrastructure Newmont and Victoria enjoys in similar conditions. We shall see how things progress over the winter months.....
Current State of Project:
MOZ:
- Resource estimates and most funding / financing / contracting in hand - Valentine Gold Project has now been fully released from environmental assessment in both provincially and Federally, allowing development to proceed based on applicable permitting.
SGD:
- Early-stage exploration company, so much greater upside in share price provided SGD keeps exceeding (or at least meeting) market expecations with great assay results. In other words, SGD is a higher risk / higher return proposition vs. MOZ at this stage in my view.