GREY:VITFF - Post by User
Comment by
givemeabreak1on Oct 06, 2022 1:57am
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Post# 35008529
RE:RE:LUG Q3 production - 122k oz Au v.s VGCX 50k oz Au
RE:RE:LUG Q3 production - 122k oz Au v.s VGCX 50k oz AuI sort of missed the comparison! Are you comparing an apple to an orange? An orange to a banana? Or a banana to a smelly sock? Market cap is sort of meaningless if you are not comparing equals. Market cap can be whatever and value 0 based on financials as good will or future potential is in their so not something you can really just off the cuff compare, Share of profit to a gov't again is meaningless if you have no profit or if your taxes or royalty is based on share to gov't. Some gov's hit you with taxes. Some hit you with a Royalty. Some hit you with share of profit or actual company! You need to know how to run the numbers to compare them. At anyrate always a hard thing to run the numbers and just throwing things out there without know how to run the numbers is stupid at best!
Personally, I have no inclination to compare Lundin with Victoria as they are so different it is tough going!