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Monday, March 7, 2011

Invest in Gold!

I found a great gold investment that was recommend to me! The company is both undervalued and under looked.
PC Gold Inc. (TSX: PKL)
Currently: $0.83 
PKL has 66 million shares outstanding and a solid balance sheet with $13.3 million in cash, NO DEBT, and a book value of $0.81. PKL is trading for below its recent private placement price of $0.90 and below its IPO price of $1!PKL's market cap at $0.83 is only $54.8 million. If you subtract their cash of $13.3 million, the Pickle Crow property is currently being valued at only $41.5 million when it previously produced 1.47 million ounces of gold!

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