Kalo Gold Corp V.KALO

Alternate Symbol(s): KLGDF

Kalo Gold Corp is a Canada-based gold exploration company. The Company is focused on exploration for low sulphidation epithermal gold deposits on the Vatu Aurum Project located on the island of Vanua Levu (North Island) in the Republic of Fiji and the AxelGold Property, an alkaline gold system, located in British Columbia. The Vatu Aurum Gold Project covers an area of approximately 367 square kilometers (km2). The Project consists of two special prospecting licenses, namely SPL 1464 and SPL 1511. The SPL 1464 covers 22,160 hectares and hosts the Qiriyaga Hill, Wainikoro and Mouta Caldera complexes. The SPL 1511 covers 14,531 hectares, and the Coquelo Caldera complex. The Vatu Aurum Gold Project hosts a regional scale back arc basin, the Nubu Graben, and several volcanic arc related calderas. The AxelGold Property is an early stage greenfield alkalic related syenite related gold prospect.

TSXV:KALO - Post by User

Kalo Gold Corp

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Post by Gbathaton Apr 23, 2022 8:15am

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Post# 34625958

Mind boggling market cap

The market cap on this company is extremely low relative to the potential upside.

$9M USD market cap

If they truly find millions of ounces of gold, that represents billions of dollars in product at today's market prices, which I believe are suppressed by the paper market.

And gold mine margins in 2020 were at $828/ounce, so about 40%.

Granted, KLGDF is exploration phase, so the market cap will grow substantially to capitalize the mining operation.

However, on good phase 2 news, the PPS might shoot up quite a bit, which would require less dilution during the capital raise.

I give it about a month before trolls (working for capital investors) show up here to try to suppress the pps in advance of the next round of captial raise. Prepare for battle. The supporting data will be irrefutable, imo.

I'm excited about this one. GLTA

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