market cap is everything:
this is simply due to the fact, that after assessing a companies value the prospective investor then must weigh this value against the market cap in oder to determine if that company is under-valued or over-valued.
- if the investor feels that his/her valuation is worth more in dollars than those dolloars of the market cap ...then thats a big buy signal
- if the investor finds that the market cap runs over their valuation ...that's a warning not to buy.
it's a very simple.
what's not simple at times, is the valuation of a company, especialy a junior explorer.
this is why such intstuments as a 43-101 were legislated into existance.
lastly, in that this after all is not a forum for teaching market-finance 101, but rather it is a discussion forum for GNH: i will add the following: the market cap dollars of GNH is substanciaqlly lower than the value in dollors for GNH ...and that value lies in the ground as outlined by our profile of gold wich is verified thus far by results from drilling and bulk sampling and other geological methodogies.
cheers to all ...i will give a quiz at the end of the PDAC.
excuse spelling ....proffessor danny:))