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Lake Winn Resources Corp V.LWR

Alternate Symbol(s):  EQTXF

Lake Winn Resources Corp. is a Canada-based mineral exploration company focused on advancing the 100% owned Little Nahanni Pegmatite project located in the Northwest Territories near the Yukon Border. Its gold properties include Cloud and Quartz. The Little Nahanni Pegmatite project covers approximately 9682.5 hectares that includes a major portion of 13 kilometers (kms) long, and up to 500 meters (m) wide, lithium, cesium, and tantalum pegmatite dyke swarm. The project has had historic drilling and channel sampling that confirm significant lithium, tantalum, cesium, and tin. The Company's Cloud project is located in the province of Manitoba, in the Flin Flon Gold Belt approximately 40 kms northeast of the town of Flin-Flon. Access to the property is provided by Manitoba highway 10 to the all-weather Kississing Lake Road. The Company also has the Quartz property 76 kms east of Flin Flon where there are historic high grade gold drill intercepts.


TSXV:LWR - Post by User

Bullboard Posts
Post by devron00on Nov 30, 2015 5:00pm
145 Views
Post# 24340063

ran some numbers here.

ran some numbers here.ok, i wanted to run some ratios comparing the net earnings from the wells for crs and exx and dividing that by their current market caps. the ratios are tight. assume $30CAD net per barrel and 500bbl/day. thats 15 grand per day. exx share is $4500/day and crs is $10500/day. lets figure this for the first 365 production days. exx--$1,642,500. crs---$3,832,500. now divide those into their market caps and we get these ratios of: exx---0.3285. crs---0.3685. crs is earning 2.37X more in dollars but only 12% more when you factor in the market weight. i own both in equal dollar amounts, but i'm liking exx on the value front going forward.
Bullboard Posts

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