Wednesday, May 18, 2016 12:02:40 PM
AVK.TO - a visual of the undervalution.
Chart of project IRR vs. discount to NAV for single asset advanced-stage gold juniors (with no operations) from the end of the Cormark analyst report. See AVK.TO's Kalana project in the bottom right.
Cormark has a $.70 target which would be 0.8X NAV. Other canadian houses have a $.60 target. Cormark is always higher than other houses as their target's are more long term which goes the quality of their research.
Chart of project IRR vs. discount to NAV for single asset advanced-stage gold juniors (with no operations) from the end of the Cormark analyst report. See AVK.TO's Kalana project in the bottom right.
Cormark has a $.70 target which would be 0.8X NAV. Other canadian houses have a $.60 target. Cormark is always higher than other houses as their target's are more long term which goes the quality of their research.
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