Post by
Farquar on Dec 16, 2023 2:02pm
APGO market cap only 26 million $ canadian for 161 million
ounces of silver.... ABRA has a market cap of 201 million $ canadian and they just came out with a new resource estimate in British Columbia of only 148 million silver ounces with some gold on their properties giving them 260 silver equivalent ounces..
Just to have APGO be fairly valued compared to it's peers it would have to go up almost 8X just to be valued similarly to ABRA and a 200 million market cap is in a severe silver bear market...
DV has a market cap of 230 million with only about 60 million ounces of silver but with a lot of low grade gold..
APGO has a lot of Barite on their property and the market has given zero value for it.
Vzla has about 220 million ounces of silver and it's market cap is almost 320 million $ canadian...
Market needs to correct this major divergence between Apollo and it's peers. Either the market brings these other silver stocks right down or the market pushes APGO up to where it belongs amongst other quality silver stocks...
APGO is a much better risk/reward than most other silver stocks. APGO can go up 10X from here without even a silver metal bull run taking place.. How high are APGO's peers going to go if silver hits 50$/ounce? 1 billion$ or 2 billion $ ?
Do the math and we could see APGO go up 50X in a raging silver bull run...or I could be totally wrong, so do what is best for you and your family...but it is looking more and more like silver and gold want to go much higher real soon..