Gold

Galane Gold’s Ravi Sood on Palisade Radio: Marginal Gold Producers to Far Outperform the Sector

Company News

Galane Gold Ltd. (TSXV:GG) CEO Ravi Sood was interviewed by Palisade Radio about the scale of opportunity in the natural resources sector.

Galane Gold Ltd. (TSXV:GG) CEO Ravi Sood was interviewed by Palisade Radio about the scale of opportunity in the natural resources sector. Speaking about Galane Gold, Mr. Sood says, “we have tremendous operating leverage so at fifty thousand ounces a year, every hundred dollars is roughly five million dollars of additional free cash flow, and remember our market cap is at ten million dollars and our enterprise value is close to zero, so every hundred dollars of additional gold price at five times earnings or five times cash flow is five times our share price for each hundred dollars.”


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