RE:RE:Teuton vs. SkeenaMust be the effects of that flu shot :) (I didn't get one, or the COVID vaccine either).
Mr. Sprott does not show as owning any Skeena back to 2003 at least.
Someone will definitely have to mill more rock to get the same quantity of gold out of TC compared to Eskay. But they will get much more gold out of the TC pit overall, and the delta in market cap should not be 6 to 1.
But we can also compare to Eskay Mining if you prefer, which has a market cap of $380 million with no resource defined as yet.
I agree that companies putting out a great deal of press might be more fully valued. That also means companies who put out less press might not be fully valued.
Mr. Sprott seems to appreciate Dino's orderly and consistent approach to shareholder dilution (or lack of it). As a result, over time, the valuation difference becomes more extreme.
It might not be until November that we get a clear read on the size of Goldstorm or the potential of Perfect Storm.
I think both of us will still be around, and won't be selling any shares before then.