BGL chart, page-27

Amigos, I've been away for a while, but am back again. Have a look at this comparison of trends in the market cap of two very good gold stocks. It is a simple chart but it highlights an important point. The chart compares the Market cap of MEI vs BGL over a similar period of 18 months or thereabouts. I am not trying to cross promote, just comparing two gold explorers. BGL (Bellevue) has a JORC of 1.8 Million oz which it has grown from zero in the period. Meanwhile, Meteoic (MEI) "inherited" a JORC of 0.25 million oz, but hasn't announced an increase, yet!. Both companies are drilling actively to improve their JORC. They both have very high grade veins. Also, perhaps investors have factored in good drilling results from both companies, but the shareprice (and market cap) will probably be tied to the increase in JORC (not the visible gold). Because MEI's gold discoveries began about 12 months after BGL's, the shareprice of MEI may have greater room to accelerate in the short term. It depends on whether MEI can announce increases in its JORC to match BGL. At the same time, BGL's shareprice could rapidly bounce upwards if it brings out a larger than expected increase in its JORC (possibly in Q1 of 2020).There are parallels in these two stocks and lessons to be learned. Good luck to all. (To be fair, I am posting the same comment & chart on both MEI's and BGL's sites.)