Signal Gold Inc ANXGD

RE:Why the Difference ?

[GrumpyInvestor]

nozzpack wrote: Compare Benchmark metals which has a market cap of $125 million based only on a PEA that is in most respects very close to the FS study of Signal whose market cap is less than 50% that of Benchmark.

You will find the answer in their  promotional skills bringing aboard high quality institutional ownership of Benchmark........

https://8758886.fs1.hubspotusercontent-na1.net/hubfs/8758886/Website%20presentations%20and%20brochure/Benchmark_Presentation.pdf

Wow, incredible promotional skills !!!  They just released their PEA and they can't generate any volume. The share price went from 1,20$ to 0,30$ in the last year, so it's not very different than SGNL.

As for the difference in market cap, Benchmark's PEA shows a NPV of 589M$ for 1,94M ounces of gold recovered, and it has spiked to a market cap of 125M$.

SGNL's FS shows a NPV of 328M$ for 1,1M ounces recovered, and we presently have a market cap of 68M$.

If you do the math correctly, you won't see much of a difference between the two. But if you feel that Benchmark's promotional skills are so superior, you should get out of SGNL and buy Benchmark instead.