Market Cap = Shares on issue X Share Price..... it is rather irrelevant to search for the LOWEST MC Company.
Actually, The Number of shares on Issue is far more important...Take SBL with close to 2.5 Billion shares on issue @ 1c+.... look for Company VALUE, not Market Capitalisation.
I know...there will be those who howl me down, but LOW share issue shares with GOLD resource over 1 million ounces are the ones that I look at = They have room to move to CAP Raise and PROVE up their resource. Low issue for me is under 300 Million shares - not well over 1 million shares....These ARE "explorers" that we are talking about, NOT current or near "producers" of around 100K ounces per annum.
