Comparative Analysis
Eldorado just took a 9.9% stake, 11,344,130 shares, in Amex Exploration (AMX) in Quebec.
AMX's main project is "Perron". Perron has about the same number of drill intercepts exceedig 100 gram/ton/meter as does Moosehead. Perron and Moosehead appear somewhat similiar open pittable high grade.
https://www.amexexploration.com/properties/quebec-exploration-perron-property
Like all juniors, AMX's share price went through a decline into last November and has been recovering as has Sokoman along with the price of gold.
AMX is currently trading at $1.44 with 40.5% the total number of shares Sokoman has including the recect placements for both projects. 114,548,130 vs 283,002,692.
Prorating for the share difference, comparatively Sokoman should be trading at about $0.58/share.
https://stockhouse.com/companies/bullboard/t.eld/eldorado-gold-corp?postid=35832298