Aug. 6 at 2:51 PM
Compare the valuations, not the projects 1-for-1.
$NRED.CSE
$NREDF is around C
$9.5M. Pacific Ridge has recently been valued around C
$18M to C
$19.5M. Kodiak Copper is around C
$72.7M.
NRED is earlier, but its valuation also sits beside a 16,078-hectare copper-gold earn-in, four proposed geophysical grids, a 4.1M-record MetalCore platform, U.S. patent application No. 19/680,101 and EyeX optionality
I think C
$9.5M leaves far too little value for the technology and multiple target areas if execution starts landing