RE:RE:Whoa! "If you compare the value to others in that area like EDV, TGZ, still looks undervalued."
Agree. EDV has a market cap of 2.7B now running over 700k oz/ year. Four long life, low cost mines. ( and making a play on an Egyptian mine to get to a 1 M oz tier one producer )
TGZ has a ways to go to get there, but could get there (700 oz +) in 3 to 5 years with careful execution. There is also no question in my mind that at $1600-$1700 gold, TGZ has a pathway to a $2B - $2.5 B market cap ( 2- 3 times what they are today, post acquisition )
MM