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Replies to #16683 on Research Pit
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helmsman

12/28/10 1:18 PM

#16755 RE: Mr. Zen #16683

Doubloon (re OTGI):
How would you go about placing an order of magnitude valuation on OTGI at this stage? Nemaska Exploration NMX.V has a market cap of $35M I believe, and would certainly be the obvious comp. Are there other exploration stage spodumene comps?

Is the uncertainty about financing and the preliminary stage of investigation worthy of a 25 fold dicount in market cap for potentially larger lithium reserves? Or has OTGI simply not spread the word sufficiently?

Thanks in advance for your thoughts.