The Conversation (0)
Galane Gold Ltd.’s (TSXV:GG) significant undervalue in today’s markets was highlighted by Peter Epstein in his article for Talk Markets. Mr. Epstein says that, “Even without growth though acquisition Galane is poised for a strong 2015.”
As quoted in the article:
Importantly, Galane’s unhedged position means that every $100/oz increase in the gold price equates to about $4.5 million of incremental cash flow. Ascribing a 5x multiple to that extra cash flow alone would produce a valuation uptick of nearly three times the current market cap! This leverage to the gold price is unheard of among peer producers around the globe.
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