The problem is that "market cap" is not complete without further...

The problem is that "market cap" is not complete without further investigation. I would rather have 50 mill shares @$2= $100 mill, than 1000 mill shares @10 cents=$100 mill.

The first one can indicate a possible scarcity of scrip with a corresponding maintenance of prices. Of course, one can have too few shares as well.

One can reduce the 1000 mill shares to 50 mill; chances are that the final price could be less than the first quoted 50 mill. Thus there is risk doing that.

CBH has:
763.6 mill shares, price 67 cents
70.7 mill vonv notes and another $15 mill conv note (Toho).
29 mill options

TRO has:
87.75 mill shares, price $1.64
6.345 mill options.

Accepted that CBH is producing and that would have increased the share price to 67 cents.

However, any huge number of shares always frightens me.

I prefer TRO, IMHO. Wait for Feasibility results; the pre-feasibility study due in Febr.


Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.