G1A 0.00% 5.9¢ galena mining limited

5 Bagger Thread. Fundamentals and Opinions, page-192

  1. 448 Posts.
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    Of course funding is the major catalyst, and on the back of that G1A (imo) is currently trading well below fair value. With funding secured it should be trading well north of 25% of NPV, with the forecast fundamentals of the lead/silver market.

    I can't change the facts about what percentage they are currently trading of their NPV's. It is what it is. It's up to the market to decide where it sees value. And current trading volume would suggest G1A is more attractive right now with what appears to be smart money getting set.

    But valid point, G1A @ 18c was trading at 13.5% of NPV. Grossly undervalued at that stage compared to AGY currently.
 
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