asx:sbl vs aim:grl

Compare & Contrast the following FACTS

Goldstone Resources GRL (AIM:GRL) vs Signature Metals SBL (ASX:SBL)

Two junior gold explorers '15-30kms away from Obuasi'

Ownership

51% vs 85%

Resources

400 oz vs Over 1m+ oz

Grade

Low Grade 1.4g/t vs Higher Grade 1.95g/t

Relative Valuation

200k oz/$30m vs 1m oz/$40m

i.e

$150/oz vs $40/oz

So taking into account that

SBL already have substantial PLANT/EQUIPMENT in PLACE

SBL are PRODUCING Gold RIGHT NOW

SBL have HIGHER GRADES

SBL have a LARGER RESOURCE with GROWTH POTENTIAL

SBL looks a far superior investment to GRL