OTCPK:PGMFF - Post by User
Comment by
oneenoon Mar 30, 2022 6:14pm
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Post# 34560818
RE:PGM way overvalued vs. peers
RE:PGM way overvalued vs. peerspetersburggray wrote: Even at $200mm market cap PGM way overvalued vs peers such as SGI for example. Both companies are in good jurisdiction, Canada vs. WA and both straight gold producer without other byproduct credits. PGM debt equal PGM market cap vs. SGI debt free and hedge free. PGM producing 30k oz au per yr vs. SGI 80k. SGi also multi mine producer with much more milling capacity than PGM so sgi lower operational risk. Imo PGM likely bk candidate soon vs. SgI that is profitable gold producer with usd$23mm cash on hand.
The only issue with SGI is the life of mine, know one can really say how much gold is left. and so there in lies the problem vs PGM.