sfr nearology plays

  1. 7,117 Posts.
    SFR 110m shares@ $4 = $400m mkt cap cash $15m
    ran from 5c low with mkt cap of $5m
    The much hyped about Doolgunna discovery no JORC yet



    ALY 90m diluted@ $1 = $90m mkt cap cash + options $12m
    run from low of 3c where mkt cap was under $2m
    Drilling success near Doolgunna



    TLM 130m diluted@ $1.10 = $143m mkt cap cash + options $20m
    has run from 8c mkt cap $7m
    extensive Iron Ore and Manganese ground but arguably a large portion of the re-rating came from the fact that Springfield Copper Gold project is next door to SFR's Doolgunna



    ENT 115m diluted@ 45c = $52m mkt cap cash + options $7m
    has run from 7c and $7m mkt cap
    Copper Gold project near Doolgunna would drill success




    CYS 75m diluted@ 50c = $37m mkt cap cash + options $10m
    has run from5c and $2m mkt cap
    just exploration grounds near SFR's Doolgunna project





    GTE 80m post raising @ 25c= $20m mkt cap cash $6.5m
    has run from1.6c and under $1m mkt cap
    extensive exploration grounds south of TLM and SFR





    PEK 116m diluted@ 13c = $15m mkt cap cash + options $3m
    has run 2c and $2m mkt cap
    exploration grounds near SFR's Doolgunna project in-between ALY CYS and SFR




    GLN 245m @ 3.6c = $9m mkt cap cash = $2.5m
    has run from 2c and $5m mkt cap
    exploration grounds to the north of SFR's Doolgunna project



    RHM 30m @ 15c = $4.5m mkt cap cash = $3m
    has run from 4c and $1.2m mkt cap
    exploration grounds near SFR's Doolgunna project
    surveys have shown that "The Narracoota project has the right rock types and presents a significant copper/gold
    target along strike from the DeGrussa discovery."





    The above shows the different market caps and the different re-ratings stocks have had based on their nearology to SFR's Doolgunna project and also the quality and quantity of work the indivdua companies have done on their projects



    To me RHM seems strangely cheap


    Also see the image below for location of different company leases




 
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