Just trying to understand your logic here Socrates...
-You believe that GGG is overvalued to LYC, even though its resource is >4x larger than LYC, and its market cap is >10x smaller than LYC?
In my opinion, the closer a company gets to production, the closer they get to their correct valuation. LYC being the closest to production, hence a 3Bn market cap is probably accurate.
-You are concerned about "time to market" being a major factor in the share price, and then go ahead and buy shares in RMR. RMR (for those of you who dont know) managed a whopping 500m drill program last summer, and the total meters of historical core puts them at at massive 2100m. GGG has drilled almost 50,000m of core, including metallurgical core and geotech core. RMR also has 540Million common shares, and 360Million options (exercisable at 3 cents on or before 30 March 2012)... and a MC of 10Million dollars?? They also only have a 51% interest in the Mozfeldt project, with an unknown option to go to 100%. gross. Can't wait to see what happens when they try to raise cash for their next drill program...
RMR obviously has potential, but to be buying shares in it now is probably not the smartest thing you can do. Wait for them to do a cap raising.
GGG Price at posting:
$1.26 Sentiment: LT Buy Disclosure: Held
