TrueGold Is Fully Financed And Has 44% Upside From Here
- TrueGold's Karma Project is being constructed, and it should be in production by the end of next year.
- Thanks to the recent financing deal with Franco Nevada and Sandstorm Gold TrueGold doesn't have to worry about financing.
- Despite the fact that there are many royalty and streaming claims on the project it is still valuable even at lower gold prices.
- The shares trade at just a slight premium to the cash the company has on its balance sheet, and added to the value of the project it has significant upside.