Oct. 3 at 6:27 PM
$GLDG 🚨 GLDG (NYSE) – Massively Undervalued 🚨
GLDG’s current market cap is just
$235M. But look at the hidden value:
Spin-offs:
• GROY (
$653.8M × 12.6%) =
$82.4M
• USGO (
$169.7M × 79%) =
$134.1M
➡️ Total =
$216.5M
That means the market assigns only
$18.5M of value to GLDG’s own 20M oz gold reserves = just
$0.93/oz 🤯.
For comparison: gold in the ground is normally valued at
$10–
$40/oz. At a conservative
$25/oz, GLDG’s reserves alone are worth
$500M.
📊 Intrinsic Value =
$500M (reserves) +
$216.5M (spin-offs) =
$716.5M.
That’s 3x higher than today’s market cap.
💰 Fair value per share =
$3.65 vs.
$1.20 now (200%+ upside).
With the largest gold reserve among U.S. small caps, value-unlocking spin-offs, and a record-high gold price, GLDG is one of the most undervalued gold plays on the market.
#Gold #Mining #GLDG
