WMG 0.00% 33.0¢ western mines group ltd

I normally don't cross promote, but josh101 asked for a...

  1. 181 Posts.
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    I normally don't cross promote, but josh101 asked for a comparison so I'll give one which should put MCs' into a more realistic perspective.
    I'll stick with you math for an example.

    WMG 500,000t at 30k = $15b of IGV
    MC 40m

    ASO 2,800,000 MRE at 30k =$84b of IGV + 1.5 m oz of gold at 3b total = $87b
    MC 100m

    ASO's 6X the IGV of WMC but its not 6X the MC
    Ones overvalued or ones undervalued, which one is it.


 
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