I was looking at U.S. Gold Corp. which had a headline that their market cap was almost $1 billion. Well their market cap is $850 million which is 2.6 times that of ECU which is $328 million. U.S. Gold Corp has a property in Mexico with 39.8 million ounces silver in M&I and another 19.7 million in inferred. This property also has 543,728 ounces of gold in M&I and another 23,764 ounces in inferred. Their Nevada property has 2.8 million ounces of gold in the M&I and another 380,000 ounces of gold inferred. So all together they have the silver in their Mexico mine and 3,343,728 ounces of gold M&I and 403,764 ounces inferred. At a 50 to 1 gold silver ratio, they have 206,986,400 ounces silver M&I and 39,888,200 ounces silver inferred. Total is 246,874,600 ounces of silver equivalent. This is less than ECU when measured, indicated and inferred are totaled and way less when potential is included. Their grades also are not as good as ECU's. They also are not in production yet.
So what is their advantage? They trade on the NYSE. They also have never had a recommendation from Bill Murphy. All in all, totally not fair since they are pretty much drilled out and ECU still has alot of resources to be drilled and added. Conclusion - ECU should have a share price of $3 to $4 today.