RE:Some huge potential for TLOSo, Talon owns 17.5% of the Tamarack project and their market cap is around $500M CAD (SP at .82 CAD and 600M shares outstanding.)
Does that mean the market values the Tamarack project as a whole at roughly $2.86B CAD?
100% / 17.5% = 5.714 multiplier
5.714 x 500M (Talon's MC) = $2.86B
Or is it less because Tamarack only accounts for X% (75%, 80%?) of Talon's value?
apapas1973 wrote:
I own both Tlo and some CNC. Someone posted this on the CNC forum. I find it very interesting the US govt is looking to secure nickel. If i remember correctly there's only one other quality nickel mine in the US which is end of life in about 3-4 years. That leaves TLO. If they can increase their reserves, then lookout. The skies the limit for these companies. I don't see why the US govt wouldn't do a deal with TLo also. https://www.reuters.com/article/us-mining-canadanickel-idUSKBN2A812L