The SP of CGP.V (in cents) is irrelevant. Their MC is ~$79m CAD,...

The SP of CGP.V (in cents) is irrelevant. Their MC is ~$79m CAD, DGR's is ~$81m AUD. SOLG's 85% share of ENSA + cash is currently valued by Mr. Market at ~$600m GBP. So the project (give or take) is valued at $700m GBP.

So, CGP's 15% stake in ENSA is worth roughly $160m CAD (and they are trading at a ~50% discount to SOLG's trading price).

Remarkably similar to the discount DGR are trading to on their listed holdings.

Please feel free to correct me me if I'm wrong people, those rough numbers are from memory.

I hold DGR because they provide some diversity, and as much as I hate to admit it after the years of pain (and more recently gain), I actually place value in Mather and co's model and their IP. The market see them as fund managers with excessive wages, but they're starting to prove they aren't a one hit wonder.

Also, I'm too lazy to invest in Canada.