GREY:GUYFF - Post by User
Comment by
moreDDon Aug 12, 2014 12:02pm
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Post# 22832475
RE:RE:3.30
RE:RE:3.30been trying to compare guy with other mid-tier producers in the 150 koz per year production in terms of valuation...i know guy isn t queit there yet but in a year and some it will be...also looked at margin and EBIDTA and resources...one that is most comparable with guy is Alamos gold with 1.3B mkt. cap. with analyst ratings at about 1.7B mkt. cap...resource base is a bit bigger with Alamos but the grade is far less superior...also their developement project have some permitting issues...imo it s safe to say GUY once producing 150koz per annum should see 1-1.3B valuation...that would translate hence no dilution into 7-8 C$ per share with current resource base and no expansion...only open pit...bright future here...especially if gold moves into 1500 range...