If and when an offer is made for DEG then this would value GORs asset at around $800 million. Current market cap for GOR is a miserable $1.8 million. GOR alone is worth a lot more than just $1 billion at todays gold prices. GOR should be around $2,25. The september quarterly and more speculation about DEG should push this by end of year.
GOR Price at posting:
$1.71 Sentiment: Buy Disclosure: Held
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