One company has undergone an aggressive drilling campaign and due to report their intial JORC followed by Scoping Study with a significant exploration upside - district scale tenements ~600mill odd shares on issue
Other company is no way near to start drilling, still finalising acquisition with payment terms/Credit raise etc etc and is in my opinion living in the hype up of the cobalt wave ~ 2 bill shares on issue
It is really comparing apples with oranges - 2 very different companies
In my opinion, many will fall this year because of no evident resource - and we are seeing this already with some companies - but hey that may suit peoples trading means to buy and dump based on inflated rock chips and the odd couple of holes.
My advice would be the opposite - don't base buying/selling on forum comments - rather do your own research and read previous company announcements and also attempt to make contact with management with any questions you may have
