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Galleon Gold Corp. V.GGO

Alternate Symbol(s):  PNCKF

Galleon Gold is an exploration and development company focused on advancing the West Cache Gold Project, Timmins, Ontario. The Project is approximately 7 km northeast of Pan American Silver’s Timmins West Mine and 14 km southwest of Newmont’s Hollinger Mine. The Company announced a positive Preliminary Economic Assessment in early 2022; permitting and baselines studies have been initiated in support of a bulk sample. Eric Sprott holds approximately 23% of the Company’s outstanding common shares.


TSXV:GGO - Post by User

Comment by Udinese69on Jun 13, 2022 11:41am
132 Views
Post# 34752147

RE:RE:RE:FYI - GGO Update

RE:RE:RE:FYI - GGO Update
Valuation Galleon’s 2022 West Cache Gold PEA yielded an after-tax, NPV5%
of C$240.1 million (C$4.41/share) at 0.76 USD/CAD exchange rate. Comparing
these values to Galleon Gold’s market cap of C$21.2M, the Company is trading
at a significant discount.
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