Comment by nozzpackon Dec 27, 2023 12:44pm

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Post# 35801318
RE:Brutally Undervalued Compared to Peers
RE:Brutally Undervalued Compared to PeersAnother example is WesDome....T.WDO ..at $8.15 and 150 m shares for a market cap of $1.2 billion.
Produces 135,000 ounces per year at a very high AISC of $1650 US per ounce .....hence very low operating margins and very skimpy cash flows
Net debt of $20 million so it's balance sheet is not so great either
I would never own it for these reasons .
GAU has a current market cap of just $300 m cad, so using WDO, GAU should be trading at $2 billion market cap or more ..