You're absolutely right, so lets compare apples to apples here. Adanac has a marketcap of almost 90 million, Molycor has a marketcap of 9 million. The market is valuing Adanac accordingly. Although I feel that MOR is being deeply discounted here. I'm pretty sure that they are just a few holes away from an inferred resource.
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Larry Reaugh provides outlook on recent acquisition of 400K acre coal property
