CYM 0.00% 3.3¢ cyprium metals limited

good signs, page-18

  1. 34,916 Posts.
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    Don't understand how ROL can be close to $2, and not even a producer, when near producers I am invested with are under 50 cents.

    Nothng to do with shareprice, its the marketcap thats important.

    ARX's undiluted marketcap is $17mill (300mill+ shares), ROL's is close to $116mill (58mill shares).

    ROL is up at the top end in my opinion for where it is at development-wise. ARX at $17mill has massive potential upside imo. However there is a long way to go before ARX would become a producer, they have only just started drilling. With excellent results there is no reason why ARX couldn't move to a similar marketcap that ROL has. Even half of that is still over 3 times its current share price.
 
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