Tiidal Gaming Group Corp V.GTA

Market cap is only 26 million $

[mack2000]

"They have 155 million shares outstanding...and are trading at 85 cents. That's a market cap of $131.75 million. They have $40 million in the bank...They have 4 million ozs measured and indicated and 1 million ozs inferred north of a g/t...That's 5 million ozs for $91 million..."

so the market is giving volta a valuation of 20$ per oz

 

If gta could drill up only 2-3 million oz of low grade gold , and only get 40 $ per oz valuation on it ( cause its in canada instead of africa , i think its fair to give gta twice the valuation ) , the market should give a market cap to gta of 80-120 mil , about 4 - 5 $ per share .

 

So even in this pathetic junior gold stock market , gta could rise 400% , and thats without the market turning around .