Just checked out the SAR quarterly activities report.
SAR took over an old mine just like we have and have similar reserves but have been operating for a few years now. They are on track to produce $120k ounces per year which is also similar to RDR. SAR's cash costs are also similar to RDR's projected cash costs.
SAR's market cap is over $300 mil which is 3 times RDR's.
Once RDR moves into production over the next few months we can expect a substantial rerate.
Just checked out the SAR quarterly activities report.SAR took...
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