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Canadian Gold Corp V.CGC

Alternate Symbol(s):  STRRF

Canadian Gold Corp. is a mineral exploration and development company. The Company’s principal project is the Tartan Lake Gold Mine Project, a mineral property which hosts a past-producing underground mine. The Tartan Lake Gold Mine Project is located approximately 12 kilometers (km) directly northeast of the town of Flin Flon, Manitoba, Canada. The Project is approximately 2,670 hectares in area and consists of 20 mineral claims. The operation consisted of a 450 ton per day gold processing facility. The Company also holds a 100% interest in green field exploration properties in Ontario and Quebec adjacent to some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). Located due south of Agnico Eagle’s Hammond Reef Gold Project, the Hammond Reef North and South Projects are prospective for large tonnage, low grade gold deposits.


TSXV:CGC - Post by User

Bullboard Posts
Comment by StockGru2013on Aug 06, 2014 10:32am
202 Views
Post# 22813265

RE:RE:HUGELY undervalued

RE:RE:HUGELY undervaluedThere is a value for all assets and tartan miine has a signficant value.  However, if you do not like the fertilizer business which has companies of the likes of potash $30 billion market cap , agrium $14 billion market cap.  I understand those companies have been around for a long time.  The fertilizer business is a multi 10s of billions of dollar business.

But there are many other small fertilizer companies like Allan, Western potash which have market caps of over $100 million.  If you do not like BUD with $100 million market cap which is $2....I do not know what your looking for.   Not to say BUD cannot get to that mark in the futrue but even at 75% discount valuation is still a very hefty realized value that many medical marijuana stocks are CURRENTLY trading at.
Bullboard Posts