bmo looks better re: gold on the rise, small cap v Did a comparison of GML to BMO. BMO has a JORC compliant Resource estimate of 429,000oz gold at 13.9g/t. BMO only has a market cap of $15M and $12M finance already agreed for Twin Hills Gold Project mine development.
Whereas GNL has a market cap of $27M and a lot of options and a resource of just over 158,000oz at 5.4g/t so far.
GNL is also a Gutnick company which can be off putting for some investors. I had a bad experience with JWM and ARO which are Gutnick companies. I bought JWM and ARO on a price spike to participate in a foreshadowed SPP. But the SPP details when announced were unrealistically above the market even allowing for the attached options. I wondered how Joe expected people to put their hard earned into them - on faith?
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