Jun. 12 at 8:00 PM
$GLDG Not sure if investors are blind but GLDG has a 12% holding in
$GROY worth
$45 + million. They also have a 80% holding in
$USGO worth
$98 Million. +
$6M+ in Nevgold
This means the external investments are worth approximately
$150 million,
the market cap of GLDG is also
$150 million. Simply means you get the whole market cap free with the external investments.
Now GLDG itself has 12 gold projects in North America and is doing a lot of exploration on projects that already have a huge resource. 12.4 Million ounces and 9.1 million Inferred. You are going to tell me this resources is valued at 0? Because the external already fills all of the market cap. that is the reality now. This has to change soon. Haven't seen a more cheap company to buy in a gold bull market. Management is solid. News will be flowing in 2025 with all the exploration.
Buying this is a no brainer, buying as much as I can right now.
