CAN vs. PRB
posted on
May 15, 2012 11:29AM
Canaco is back to reality today. 52-week high of 4.50. Down to 0.30 today after putting out their maiden Resource Estimate of global 1M ounces @ 1.3 gpt. /// Despite this steep price drop they are still valued at $ 60 million !!! For 1 million ounces in Tanzania !!! The SAME market cap as PRB for 5.8 million ounces in Canada !!! Ok, it's lower grade, but c'mon, this is insane !!! FANTOMAS