Ardea Resources (ARRRF)

[tootalljones]

more good news and really confirmation. Cteq, our sister stock, had another excellent day today which is comforting since we are dramatically undervalued compared to them.
here is the comparison, per ihub:
cteq, 772 million market cap per ihub, 781 per scottrade
arrrf 73 million per scottrade, nothing from ihub.

I gather gather both stocks have warrants but ours are priced very high at 77 cents, telling me also our management did very well indeed to protect the company. whether the recent secondary of almost 10 million which closed in early September is included I do not know.

bottom line is cteq has had two 10% up days in a row and we are moving dramatically also. And I believe we have comparable projects, our tonnage for our core deposit being higher than theirs, but theirs being larger, but our total deposit is simply massive. The company in last night's PR mentioned deliniating, per my earlier post today, so perhaps there is room for a sizeable enlargement, who knows.........

the obvious takeaway is that we are valued perhaps 7 to almost 10X LESS THAN our only comparator on the planet, in the same jurisdiction, and we are now all cashed up, with a clear path to a definitive, fully paid feasibility study, with many goodies along the way.

Which one is the obvious, ridiculous bargain, at today's closes? ARRRF.

and I like cteq and want them to soar like an osprey, because that means we will soar like an EAGLE.