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Bullboard - Stock Discussion Forum Leagold Mining Corp LMCNF

Leagold Mining Corp is an exploration stage company. It is engaged in the acquisition of gold mining operations and advanced-stage development projects with a focus on Latin America. It has four operating mines namely, Los Filos Mine; RDM Mine; Fazenda Mine; and Pilar Mine. The firm operates in two geographic locations: Mexico and Brazil.

OTCQX:LMCNF - Post Discussion

Leagold Mining Corp > Speaking of Froth
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Post by templetooth2 on Aug 27, 2019 5:07pm

Speaking of Froth

I infreuently take a glance of the GDXJ holdings, the US junior gold etf. LMC is not among their holdings, but with a market cap of $817 million Cdn., if it were on their list it would only qualify for a holding value of $25 million US.

Just taking the market cap values as displayed on TMX website, and I'm aware these are only rough numbers, I found a few interesting nuggets:

 Royal Nickel has a market cap of $228 million, vs. Guyana Goldfields at $208 million.

 Golden Star and Novo Resources have very similar market caps, about $420 mm.
 
 China Gold Int'l, a company I have never heard of, is worth $558 mm, in the ballpark of Teranga Gold at $599 mm.

 Leagold today has a market cap of $817 million.  Continental $897, Wesdome $1,028, and Osisko Mining $1,035 . Wow!
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