Value Microcaps Junior Miners

[checkmate28]

Dr Air. One thing about any Lakeshore vs Endeavor mining comparison, that will always be a large factor is jurisdiction. Lake shore being in Ontario vs Endeavor mining being in West Africa and both having equal 2014 ebitda of 120m will always yield an extra 25 - 30% (roughly speaking) to the Lakeshore EV

As to Lakeshores reserves being low, wouldn't worry too much about that. They have 3 large high quality undeveloped deposits and will probably stay at the 5 years out resource figure. No need to drill more that whats needed to steer high quality ore to the mills.

I own Endeavor and sold LSG to early.