OTCPK:BLILF - Post by User
Post by
DOCInvestoron Jul 28, 2021 6:55pm
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Post# 33618529
For the lurkers
For the lurkersOkay I own this dog, but if you are the speculative type and a tad optimistic, here is some food for thought:
BRZ has a 17.35% interest in the project.
LPI has a 51% interest.
LPI has a market capitalization of 70.90 million CDN.
BRZ has a market cap of 16.5 million CDN,
Equivalent interest has BRZ at 48.5 million. That's a 46% undervaluation. BRZ has roughly equivalent option/warrant exposure.
LPI has about 875,000 share volume per day. BRZ has volume of 31,000.
With such low volume and such a discrepancy in what should be equal value propositions, it certainly seems like BRZ has a lot of upside potential.
Of course, maybe LPI is just overvalued. But that is a massive gap.