GREY:ALGDF - Post by User
Comment by
riskmanageron Feb 06, 2019 8:20am
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Post# 29324789
RE:Algold is extremly undervalued !
RE:Algold is extremly undervalued !True if they can prove up to 1,5 and increase NPV by as much as you stated.... ALG would sit on an inpressive project close to Kinross. The Value should pick up to settle at least around 100 M MC. The only problem eith ALG is the last consolidation which give cold feet to new investor.
but like you said only 24 millions of shares and 70% hold by insider.... could go high and fast. Big discovery are very rare so ALG is definitely in the l’agroalimentaire f winning big. The new update should get out by april or before. So it is time to sit and wait... not much risk here at this price if you guys can grab some!
GLTA
RM