RE:Other listed juniors have comparable market capsSpot on. When you look at MAG Silver (MAG.TO) who produce silver and do exploration, TRX should be higher once the profitablity kicks in. MAG has half the number of shares so comparably we could expect that TRX could trade at $9/shr CAD but...
The throughput of ore at MAG is 3700 to 4000 tpd and TRX is hoping to achieve 2000tpd+ this quarter and have achieved 1750+ so we can speculate that if Q4 results are good TRX is going to be worth $3 to $4/shr. Or at half PE $1.50 to $2/shr. Keep in mind MAG was trading at a high price before they became profitable and achieved over $20/shr just on speculation. If TRX get that kind of hype we could see $5/shr easily. If a buyer came in they would have to offer greater than $5