SIH sihayo gold limited

Nice comparison petey, few minor differances in the two...

  1. 20,457 Posts.
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    Nice comparison petey, few minor differances in the two companies but both very similar & great potential companies, just confirms SIH as a stand out buy imo:

    *SIH Indonesian Based Gold Project 75% owned.
    *GRY Africa Based Gold Project 100% owned.

    *SIH 1.01mil oz (with resource upgrage may 2010).
    *GRY 1.1mil oz (with resource upgrade first half 2010).

    *SIH 13.2 Mt at 2.4 g Au /t for 1.01 Moz of contained Au.
    *GRY 14Mt @ 2.4g/t for 1.1mil oz Au.

    *SIH Market Cap $30mil (rough amount fully diluted).
    *GRY Market Cap $88.5mil.

    *SIH Cash in Bank $5mil (rough amount fully diluted).
    *GRY Cash in Bank $25mil.

    *SIH in time imo will divest its non core uranium & diamond projects.
    *GRY To divest its non-core Australian Gold & Nickel projects via float.

    *SIH production target late 2011 with work aggresively underway., DFS underway...
    *GRY no target for production.

    *SIH Multi Million ounce GOLD Potential.
    *GRY Multi Million ounce GOLD Potential.

    *SIH drilling aggresively to prove up resource
    *GRY drilling aggresively to prove up resource

    *SIH TOP 20 holds 65% of stock
    *GRY Top 40 holds 60% of stock


    *SIH scopying study completed 2008 targets US$442 cost to produce with $US40 - US$70mil to develop (directors beleive it will be towards the lower range)
    *GRY no scopying study results that I can find


    Feel free to add to the comparisons as I may have missed some points...

    DYOR...

 
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