Post by
Tree2tree on Feb 29, 2024 12:09pm
Comparing two companies
RBX - market cap $211 million
ORE - market cap $263 million
So ORE's market cap is a little higher, but ORE already has what RBX has always dreamed of - a large, profitable mine with high upside potential. Meanwhile RBX is still struggling to get financing for a very high-risk project in an ultra high-risk environment. (Yes, there is also risk in Burkina, which is probably why ORE is so cheap now.) So which company is overvalued and which is undervalued? Do your own research before deciding.
Meanwhile, the phool will be around shortly to give his reasons why there is no need to look beyond RBX in the world of mining.