1911 Gold - The tale of 2 mining explorers ................................



1911 Gold - AUMB.V

Weekly chart
https://stockcharts.com/h-sc/ui?s=AUMB.V&...0459232325

News Release
https://1911gold.com/news/press-releases/

Daily Trading
https://www.stockwatch.com/Quote/Detail.aspx?C:AUMB.V

Statistics
https://ca.finance.yahoo.com/quote/AUMB.V/key-statistics/

Share Outstanding: 195,197,652

Market Capitalization: $50,751,390


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Blue Lagoon Resources - BLLG.CA

Weekly chart
https://stockcharts.com/h-sc/ui?s=BLLG.CA&...5028404030

News Release
https://bluelagoonresources.com/

Daily Trading
https://www.stockwatch.com/Quote/Detail.aspx?C:BLLG

Statistics
https://ca.finance.yahoo.com/quote/BLLG.CN/key-statistics/

Share Outstanding: 114,035,246

Market Capitalization: $47,324,628


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AUMB.V's Share Outstanding is 1.71 times that of BLLG.CA.


If AUMB.V's S/O is the same as BLLG.CA, AUMB.V share price would be at 45.5 cents, same as BLLG.CA. Subtle and astute investors are keen to the differences between the two explorers.


Fundamentally and Technically, 1911 Gold is much more superior than Blue Lagoon. 1911 Gold has its own ore processing mill while Blue Lagoon needs to use its neighbor's mill, incurring a lease cost.


Chart posture of both stocks stands out like bright stars shining brilliantly among dark matters of the universe, because they have proven viable gold resources, not like many explorers hoping to discover some gold mineralization.


But as Blue Lagoon's share dilutes through equity financings, AUMB.V will catch up with it. As of December 31, 1911 Gold had $7.4 million in its coffer.

https://1911gold.com/investors/financial-reports/








AUMB.V , BLLG.CA juxtaposition





https://investorshangout.com/images/MYImages/...B,BLLG.png