Paramount Gold vs GaribaldiI have put together a blog on Paramount Gold's fair market stock price that also includes metrics on Garibaldi stock price.
https://www.goldminerpulse.com/blogs/paramount-gold-and-silver-valuation.php
From the March 8th close (the estimates update daily with closing prices), you might find these numbers interesting:
Garibaldi Resources Corp. Valuation
Working assumptions used to compute Garibaldi Resources valuations were (based on closing prices from 2010-Mar-08):
-
Fully Diluted Share Count: 61,657,864
-
Closing Share Price: .29
-
Fully Diluted Market Capitalization: $17,880,781
-
Value of PZG Shares: $11,100,000
-
Land Only Market Capitalization: $6,780,781
-
Land Only Effective Stock Price: .11
That is, Garibaldi's technology, database of survey results, and extensive land holdings was selling for the equivalent of 11 cents per share. Could be a great deal IMO. Also Garibaldi might be a safer way to play Paramount Gold these days.
Cheers,