Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

Guyana Goldfields Is Highly Undervalued

This article is about Guyana Goldfields (OTCPK:GUYFF). Guyana Goldfields has a market capitalization of $204 million, or $215 million fully diluted. It owns two projects in Guyana: the Aurora Gold Project, and the Aranka Project.

The Aurora Gold Project is currently in the development stage. It contains an estimated 8.5 million ounces of high grade gold, and the company expects to bring it into production by the beginning of 2015 at over 100,000 ounces per year. This figure is expected to exceed 300,000 ounces per year at the peak of the mine's life.

The company is advanced in getting the Aurora Gold Project into production. It has already obtained permitting from Guyana's government, and it has $123 million...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details