RE:Valued $25.6 per M&I Ounceandre171 wrote: TML is currently valued at less than $25.6 per measured and indicated ounce, disregarding the latest positive drilling releases. The management will start presentations of the evolution of the Goliath Gold Complex project in Europe, hopefully this will lead to better valuation. Analysts have targets above 2 for a current price of 0.46 CAD, but pessimism is currently affecting the entire sector!
If cash is deducted, TML is valued at just over US$11 per measured and indicated ounce. If this is not a manifest undervaluation!