SXL and CANI and others have compared SXL to many other current high fliers out there now to demonstrate how undervalued SXL is.
Interesting comparison to look at CAN. This is not to come down on CAN in any way, simply to show how undervalued I believe SXL is.
CAN recently reported drill results including 32 m of 9.27 g Au/t. Super intersection, no doubt.
SXL last week reported our Reserve Creek intersection of 16.85 m of 16.45 g Au/t.
CAN's market cap taking into account their recent financing is about $340,000,000.
SXL's market cap is approximately $16,000,000.
They've drilled more of their deposit, and it's also somewhere exotic (Tanzania).
But for SXL just to have a market cap 1/10th of CAN, we'd have to more than double from current prices. Again, that's for only 1/10th the value. That's also only considering our Reserve Creek intersections, and in no way factoring in Nash Creek where we have a 9 MT silver-zinc-lead open pittable NI 43 101 deposit worth over $600,000,000 insitu (with all infrastructure in place).
This is a very rough, quick comparison but onceagain I feel it shows how undervalued we are.