enourmous potential - (acap) acb, page-8

Friends, fellow Uranium bulls....just looking at a few simple numbers EXT vs ACB

EXT 367Mlbs for a market cap of $2,200M
ACB 158Mlbs for a market cap of $134M

EXT has double the resource of ACB but a market cap 16 times that of A-cap/ACB. So, if the resource sizes were the same, the market caps differ by a factor of 8 times. This is where the value of A-cap is

EXT is more advanced and closer to fully priced, so you would have to think in simple layman's terms that ACB is way undervalued. Granted EXT's average grades are higher (450ppm vs 150ppm), nearer to production etc. But ACB hosts a deposit in shallow soft rock and are targeting to double their resource and complete a BFS in Q1 2011

Food for thought, not a ramp but simple facts. I hold and continue to buy on any weakness