GREY:CLGRF - Post by User
Comment by
Chris_torontoon Mar 14, 2013 3:31pm
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Post# 21131357
RE: RE: RE: RE: 10 days of basing - what next?
RE: RE: RE: RE: 10 days of basing - what next? Good reply. :)
For a mind stimulating exercise, I was comparing the valuation of both Claude and Richmont. I hold both.
They have a lot of similarities. Both of them have a market valuation of about $100 million right now looking at end of 2013. (meaning curr market cap + net debt position by end of 2013). Both of them have operations in canada and are high cost producers. And both of them maybe using the next year or two to further develop their production assets to increase annaul ounces produced.
If and when you get some free time that you'd like to kill, look in debth at both and let me know your thoughts on who should be worth more.
C.