RE:RE:RE:PAC vs BTU Market CapComparing real estate prices in the same neighbourhood. They are the prime land holders around Dixie. All have promising historic results, but none have produced any drill results to date. We don't know which or if any will hit. So, I just like to look at their value on a comparitive basis...determine if any are undervalued.
PAC- have a huge land package in Red Lake area that stretches from Dixie towards Madsen Mine and toward Red Lake. They only have a small portion of the northern Dixie contiguous boundary.
RGLD - has large land package that adjoins the northwestern boundary of Dixie. What is interesting is the LP fault and felsic rock types from Dixie clearly trend onto their property.
BTU- borders Dixie to the South and most of East. Like I said yesterday; has important D2 fold structures on it and mafic rocks from Dixie trend onto property
Anyway, I look over geology (I'm an ex geologist), land position and market cap of the companies.
I currently hold BTU and RGLD...watching PAC but float and market cap is a lot higher than BTU and way higher than RGLD.
Hope this helps. HAve a good day!