There can be a case for undervalue of the PRB shares compared to CAA...
Caa trades at $3.00...... PRB at $.60
CAA has 45 million shares.... PRB about 33.5 million
CAA has a 6 3/4 % royalty for the 777mine and Callignan mine with HBM and is currently started recieving their royalty quarterly this year.......
PRB has a 5% royalty for the Goldex mine with Agneco Eagle and should start production this year.... royalty coming in the near future.
CAA has about 6 million in the bank... as does PRB
CAA has their Fox river project... PRB has their Victory project.. maybe equivilant potential????
Caa has the War baby next to HBM and PRB has their McFaulds west next to NOT
CAA is trading at about $130,000,000 market cap
PRB is tradig at about $20,000,000 market cap
Which one has the most upside potential at this point in time?
Which one will be easier to be a 10 bager? $30 bucks for CAA or $6 bucks for PRB
Both great stories and very similar stories.
I own both, but it's getting harder to hold my CAA when I could swap one CAA for 5 PRB.