ARL 2.56% 40.0¢ ardea resources limited

Unproductive to compare CLQ to ARL? Are you kidding me? CLQ and...

  1. 331 Posts.
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    Unproductive to compare CLQ to ARL? Are you kidding me? CLQ and ARL make almost perfect side by side comparisons. In regard to their mining parts, they have very similar deposits and very similar game plans. I've been waiting for their studies, [I own both] and disappointed I have to wait another 3 months for CLQ to compare it to ARL. Sure CLQ has a technology aspect to their business that is unique to them. So how much do you value it in todays terms? So far they have a few contracts worth a few million each, and a hope to develop that into a globally significant business. Of their present market cap of about $US650M, how much do you attribute to their technology speculation vs mining prospects? Subtract that amount from their present market cap, and now you have a perfect side by side comparison with Ardea. Another way of looking at it is how much would you pay for CLQ if they had no Sunrise, and were just a technology company?
    Last edited by ebner: 01/04/18
 
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