Materials Canadian Community
Our community narratives are driven by numbers and valuation.
Materials Canadian Investing Ideas
Terrible merger deal with CDE
This is a terrible deal for NewGold shareholders. The company has a fair value of $39 here on Simply Wall St and I believe that to be conservative.Read more
if gold prices rise to $4,000/oz
--- Revival Gold: Valuation Potential Key Projects: 1. Beartrack-Arnett (Idaho): Resource: 4M oz (1 gpt), growing.Read more
Barrick Mining (ABX:CA): A Gold Hedge against a U.S. Shutdown
Barrick looks undervalued at CAD 48.07 with fair value closer to CAD 55, as gold’s safe-haven role comes into focus with a looming U.S. shutdown. Introduction As investors brace for a likely U.S. government shutdown on October 1, gold is again in the spotlight as a hedge against political and financial instability.Read more
A Case for CAD 3.53 (X35) before the end of 2028
Abcourt Mines Inc. is a Canadian gold exploration and development company focused on properties in northwestern Quebec.Read more
Torex Gold (TXG:CA): Underappreciated Asset in a Volatile Gold Cycle
As the U.S. shutdown looms, rotation from Treasuries into gold strengthens the case for TXG, with fair value closer to CAD 97. On the eve of another U.S. government shutdown, investors face the same dilemma as in past crises: where to hide when confidence in Treasuries weakens.Read more
A case for Cassiar Gold Corp (TSXV: GLDC) to reach CAD$8-10 before 2030 (X30-37)
Overview of Cassiar Gold Corp (TSXV: GLDC) Cassiar Gold Corp is a Canadian junior exploration company focused on its 100% owned, district-scale Cassiar Gold Property in northern British Columbia. The property spans 590 km² and includes two main areas: Cassiar North (home to the Taurus bulk-tonnage deposit and Newcoast prospect) and Cassiar South (historical high-grade vein systems with ~25 km of underground workings).Read more
If silver reaches $100 per oz
Endeavour Silver (EDR.TO) Valuation Scenario Assumptions Production Estimate: 9 million oz annually starting in 2025 Price of Silver: $100 per oz All-in Sustaining Costs (AISC): $20 per oz (post-Terronera) Valuation Multiple: 10× free cash flow (FCF) Revenue & Cost Calculation 1. Annual Revenue Revenue = Production × Price per oz Revenue = 9,000,000 × 100 = $900,000,000 USD 2.Read more
High risk with momentum and insider buyers
Silver Hammer Mining Corp. — Valuation (post-dilution, 136.7M shares) Assumptions (silver = USD 100/oz, gold = USD 4000/oz, multiple 7×, 35% margin, 3 years to production, 20% discount rate, FX 1.35).Read more
Orezone Gold Corp. (ORE.TO) offers one of the most compelling asymmetric opportunities in the small-to-mid cap gold space.
Orezone Gold represents one of the clearest high-conviction asymmetry setups in the TSX junior producer space. With a fully funded Stage I hard-rock expansion , a record-setting Q1 2025 earnings print , and trading at a valuation discount of >35% relative to peers , Orezone offers a powerful combination of profitability, scale-up potential, and re-rating runway.Read more