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Fiore Gold Ltd. FIOGF

Fiore Gold Ltd is engaged in the production of gold and mineral exploration and development of resources. Its projects include Pan Mine, Gold Rock, and Golden Eagle, all based in the United States.


OTCQB:FIOGF - Post by User

Post by awacs1on Aug 06, 2020 10:47pm
273 Views
Post# 31376934

Undervalued?

Undervalued?I compared F with other producers with like levels of production and equivalent AISC. Fiore is undervalued by at least 3.5 times. In other words to be on a level playing field, the MC should be in theange of $520Mm. And this does not allow for the increase in production potential of both Pan and Gold Rock. Gold Eagle does not even factor into the mix. Management needs to take steps to release the value of this enterprise. 
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