Spartex,
Thanks for clarifying on the Graphite board. What I'm going to say is more appropriate for this board.
I wasn't thinking about market cap compared to pps but rather quantity and value of resource relative to shares outstanding to come up with a meaningful share price (assuming that mining costs are similar for both companies). I know that's difficult to ascertain right now with the available information. But given NGC as a reasonable comparison, I thought I would give it a shot.
Something to consider is the quantity of our paper as compared to NGC (we have quite a bit more). However, the size of ENZR's property and potential resource (not to mention purity) is far greater. So I'm saying part of the reason for the difference in the amount of paper issued between the two companies was the purchase price of the properties. So far, it looks like hands down, Green Giant has far more value and yield potential with the purity and quantity of TWO strategic minerals instead of only the graphite that NGC has.
Understandably, the graphite and V205 at Green Giant will be worth what the market ultimately works out. Until the NI 43-101 compliant report is released for the graphite, our share price could understandably be lower than NGC for the time being. But if the NI 43-101 report indicates what everybody believes, I think we could be closer to mazeraticoupe's guesstimate than my own of $3-$4. The PEA should reveal a lot to us. Until then, it's just guessing and comparisons.
