Hi,I agree to some degree, but market cap is the most comparable...

Hi,

I agree to some degree, but market cap is the most comparable benchmark when it comes to listed companies.

The market cap is only a useful tool when considered with resources, profitability (P/E) or other tools.

When the market cap is very high the risks are increasing.

Market cap is the only measure that let's you compare mining exploration companies with similar exposure to evaluate them.

There will always be overpricing and underpricing but clearly you can estimate a trend.

I bought MLS because of the low market cap. I can't tell where the correct market cap is but I think there is value for money in MLS.

Let's see if my assessment works out.

K