OTCQX:GLDXF - Post by User
Post by
orepasson Apr 11, 2018 1:54pm
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Post# 27867907
I like market anomalies like Sandspring...
I like market anomalies like Sandspring...Some simple comparisons:
ITH-T: 525 Mt @ 0.68 g/t or 11.5M Oz Au
SSP-V: 382 Mt @ 0.85 g/t or 10.5M Oz Au
Market cap: SSP: $40M and ITH: $180M
Both have about 190 M shares out on Fully Diluted basis (and about same cash on hand after dilution)...
That valuation discrepancy will close quickly if the gold bull market accelerates...
orepass