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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.”
Galane Gold Ltd.’s (TSXV:GG) significant undervalue in today’s markets is 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.
Click here to read the full article
Click here to see the Galane Gold Ltd. (TSXV:GG) profile.
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