BIG 0.00% $2.22 big un limited

is this the most overpriced stock on the asx, page-51

  1. 7,409 Posts.
    DBK,

    Thanks for that document. And you are right it is hard to compare RAU with most of the companies listed; one because there are still many unknowns, and 2. RAU has substantially more interests than most of those listed. I have followed THR and it hit a marketcap itself of close to $70mill at one stage just on it's Moly & Tungsten resource. Unfortunately THR has had one setback after another. Interestingly, the production timetables for these companies are next June at the earliest, most closer to end of 2008. If Mt Carbine has the goods and it is most likely based on information supplied that it does, then it will be on track to deliver production before many on the list, as it has alot of historical information to refer back to and of course it was a producing mine previously.

    Saying all this I can understand some people's concern about its current marketcap. There's certainly alot more risk here than there was at 4c and 8c.
 
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