TSO 3.03% 3.4¢ tesoro gold ltd

i can't tell if you're serious....EV/Oz is calculated by taking...

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  1. 111 Posts.
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    i can't tell if you're serious....
    EV/Oz is calculated by taking enterprise value (Market Cap - Cash)/Ounces of resources.

    Of course you're getting more way more ounces at DEG but the company's market cap is 21 times TSO....

    a EV/Oz of 76/Oz compared to 174/Oz means for every ounce of resource at DEG you pay 174 USD, compared to 74 USD at TSO.
 
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