Another discount stock. $VGN.V and $GRSFF It has 11 million…
Another discount stock. $VGN.V and $GRSFF
It has 11 million shares in FARM.V worth, at the moment because FARM is running, $9.3 mm., plus $2.8 mm in GLM.V, or $13.1 mm, plus some oil and gas royalties throwing off a little cash.
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Market cap is $8.8 mm at the moment, would need to rally about 50% to reach the value of its two stakes in publicly traded companies, at that point valuing royalties and their own gold properties at zero.
$FARM stake is worth $8.7 at moment, but $VGN is down to a $5.7 mm market cap, a 55% discount to FARM holding alone