comparison

I came across this stock CRC, from the Australian.

http://www.theaustralian.com.au/business/breaking-news/majors-creek-gold-mine-approved-in-nsw/story-e6frg90f-1226132166448

They have a small resource of 327,300 oz but quite high grade. Feasibility studies have been completed, cash costs expected to be under $A630 per oz. Got NSW govt approval and construction beginning, with first pour to begin early next year.

Market Cap: $37.5m

What about SXG? We have more resource than they do approx. 576,000 oz (up exercise of a option), grades not as high as CRC. From scoping studies, cash costs expected to be around $750-800 per oz. Near completion of feasibility. First pour is expected to be first half of the 2012.

Market Cap: $15.8m

Is there a big different in market cap between CRC and SXG? Either CRC is overvalued or SXG is undervalued imo.