As an example, SGZ (SCOTGOLD RESOURCES) have the following resources:
Total Resource at Coronish (including Measured, Indicated and Inferred Resources) now reported at 169,200ozs Au and 631,300ozs Ag
Thor Mining has much more than that just at Spring Hill alone, not even mentioning Molyhil and Dundas.
Scotgold's market cap is over $10 million, more than double Thor's. Why is that the case? I suggest it has a lot to do with other factors and not just to do with resources.
The top 3 holders own over 15% in Thor. I'm surprised they have not made more noises about the lack of performance in the share price.
As an example, SGZ (SCOTGOLD RESOURCES) have the following...
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