In this article, we will take a look at three micro-companies ($3-35m) that are deeply undervalued and whose current market cap is lower than the liquidation price.
All of them are in the gold and minerals mining business and all of them have participations in bigger companies and own their own ancillary projects, the value of which is not considered by the market. These companies are Societe d’exploration miniere Vior Inc. (OTC:SXMVF), Southern Arc Minerals Inc. (OTCPK:SOACF) and Chalice Gold Mines Ltd. (OTCPK:CGMLF).
This article will be structured as follows: We will analyze each company’s parts, value these parts and compare the value of the company with its actual market cap, keeping an eye on the share structure and management p…
Read the full article at: http://seekingalpha.com/article/4037607-3-small-gold-explorers-worth-less-liquidation-value