there is a stock with 80k oz production open pit ($1100 all in cash cost, 1.5g/t grade), 5.7m oz resource,…
@Goldinvestor · · 2 upvotes · 1 replies
there is a stock with 80k oz production open pit ($1100 all in cash cost, 1.5g/t grade), 5.7m oz resource, only valued cdn $360m. Can anyone tell me why so cheap? STGO.to
Replies
@LG · 2026-05-14
@Goldinvestor My take is the market isn’t really doubting $STGO.TO’s ounces. It’s doubting the path to unlocking them. On paper it looks very cheap: decent production, low costs, open pit, big resource, tiny valuation vs the asset base 100%.. But there are a few obvious overhangs: ATO Phase 1 is getting late in its mine life, Phase 2 still needs to be properly financed/de-risked, and the Triple Flag stream/default issue is a big cloud over the story. Add in debt/restructuring concerns, some messy timing in recent earnings, and the fact that Boroo controls a large chunk of the company, and you get a classic “cheap for a reason” setup. Could still be very interesting if they clean up Triple Flag + debt and show a real funded path to Phase 2