"nsl cant be 10.5c and cfr at 1.8c. when what they are doing is so simmilar. cfr is already up and operating and are experienced miners. cfr has been listed for a good while and management will understand how the market operates. they have a blueprint of nsl's fortunes as well."
Imperial, you are comparing sp's, but it's market cap that matters and according to commsec NSL's MC is $32Mill and CFR's MC is $26Mill, only 23% behind. That means that cfr only needs to get to 2.4c to have the same market cap as NSL.
Maybe commsec's estimates of MC are wrong. Your thoughts?
BTW, I hold 5Mill CFRO which I bought at .003 (Currently .008)already giving me $25K paper profit of 166%.
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