ARL 1.05% 48.0¢ ardea resources limited

no way ardea is 1/5th or so

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    0 tootalljones Friday, 11/03/17 02:38:21 PM
    1 Re: None  
    2 Post # of 80    
    cteqf vs.arrrf, per scottrade today:
    Clean TeQ Holdings Ltd CTEQF:OTCQX International (Common Stock)
    Fundamentals
    A table providing the fundamentals of the stock
    EPS (TTM) 6/30/2017 | -0.03
    P/E Ratio 6/30/2017 | --
    Market Cap Small Cap | 741.01M
    Shares Outstanding 578.91M
    Float 287.9M


    Ardea Resources Ltd ARRRF:OTC Pink - Current Information (Common Stock)
    Fundamentals
    A table providing the fundamentals of the stock
    EPS (TTM) 6/30/2017 | -0.02
    P/E Ratio 6/30/2017 | --
    Market Cap Micro Cap | 93.67M
    Shares Outstanding 75.60M
    Float

    I view the respective resources as being in a dead heat. Our current high grade zone is at .13 grams, their resource is at .10 grams but larger than our. However, our lower grade ENTIRE DEPOSIT MEASURES at .5 grams but is many times larger than theirs, and I believe the current cash will be used to firm it up dramatically. A ton of this material can be converted such that our eventual deposit will be larger than theirs, and average .10 grams..........So then, there is utterly no comparison in the assets, a real apples to apples comparison.

    Plus cobalt itself is going to explode higher (it already is, today's price is 28 bucks), also permitting so much more of our giant deposit to be turned highly economical to mine, which means we blow past them.

    I am also of the belief that our full market cap may mean another 10% of shares, due to the recent secondary, which scottrade may or may not have pieked up (they probably did, as I trust companies must advise their market makers and of course major brokerages), but it is no big deal either way. I am delighted to assume another 25% easily by the way, although once again, our comparator should also have some adjustment for these same things basically. doesn't matter. in fact, it doesn't matter even if we don't adjust them whatsoever.

    our warrants are at 77 cents, a tremendous price for warrants at this level, meaning our management, which owns 15% of the company btw, HEAVY INSIDER MANAGEMENT OWNERSHIP, nice! ...so they protected the shareholders (THEMSELVES!) very nicely.
 
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