Bullboard - Stock Discussion Forum Palisades Goldcorp Ltd V.PALI

Alternate Symbol(s): PLGDF

Palisades Goldcorp Ltd. is a Canada-based a resource investment company focused on junior companies in the resource and mining sector. The Company seeks to acquire equity participation in pre-initial public offering and early-stage public resource companies with undeveloped or undervalued projects. The Company focuses on companies that are in need of financial resources. The Company holds a... see more

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TSXV:PALI - Post Discussion

Palisades Goldcorp Ltd > correct me if this is wrong

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Post by MaterialsMan on Sep 13, 2023 5:52pm

correct me if this is wrong

A quick look at trying to figure the value on paper of PALI tells me that just NFG alone (25%) is worth around two hundred million or more. PALI's mkt.Cap is just over one hundred million. Because of the fact that they have financial interest in another 125 juniors, it would seem that the stock is way underpriced.
Of course just about every precious metal junior related stock is underpriced. NFG has huge upside potential, so 25% of NFG could help PALI realize substantial gains.

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