Red Lake Gold Inc C.RGLD

Dixie Area Play Market Cap Comparison

[SuneeDaze]

Here's a quick comparison of the main Dixie area companies' market caps.  Yes, each has other properties, but there's no doubt that it's their Red Lake / Dixie area properties that is the main focus...and each is at its own stage of exploration. 

BTU is the only one that to date has returned drill hole assays, that one being hole 13's copper-gold-silver values.  Their value could change drastically (one way or the other) on the release of follow up holes.

RGLD - 28 mill. shares @ 0.26 = $ 7.2 million

GNG - 108 mill. shares @ 0.09 = $ 9.7 million

GLD - 15 mill. shares @ 0.96 = $ 14.6 million

BTU - 76 mill. shares @ 0.33 = $ 25.1 million

PAC - 222 million @ 0.15 = $ 33.3 million

[SuneeDaze]

The most insanely ridiculous, crazy assed valuation award goes to GLM (Golden Lake Exploration)...though not Red lake related. Another Mike England (Ryan Kalt investment) company, but in Nevada. 12.3 million shares at 0.165 for a $2 million + change m/c What does $2 million get you?  Past intersections from 15-40 m in thickness and grades 2-4 g/t gold, including: 27 m of 5.5 g/t gold and

[dacre]

Thanks for the heads up.  Some dd tomorrow if I’m feeling up to it.  Now?  Time for a beverage or two!