Victoria Gold Corp VITFF

LUG Q3 production - 122k oz Au v.s VGCX 50k oz Au

[phoenix_trader]

LUG market cap - $2.4 billion

VGCX market cap $494 mill, about 1/5 of Lundin Gold.

Lundin has to share 50% of profit with Ecuador when all capex recovered, not so for VGCX.

[SeekingAu]

But LUG has $770 AISIC. I think thats the small different :)

[givemeabreak1]

I sort of missed the comparison!  Are you comparing an apple to an orange?  An orange to a banana?  Or a banana to a smelly sock?  Market cap is sort of meaningless if you are not comparing equals.  Market cap can be whatever and value 0 based on financials as good will or future potential is in their so not something you can really just off the cuff compare,  Share

[Pete1986]

LUG is one or even the best gold mine in the world. Numbers are absolutely amazing. The make hundrets of million FCF each year, paying 100 mio USD dividend, got a 10 mio oz high grade resource with amazing upside, got the Lundins, Newcrest is also heavly investet.  So they produce close to 500k oz per year with AISCs below 800 USD. Compared to maybe 155k oz with AISCs of probably 1600 USD or