5 Undervalued Gold Stocks On A Discounted Cash Flow Basis - Seeking Alpha

Gold. The very word conjures up images of opulence and feelings of comfort and joy. Why is gold such an attractive investment? Because of its short supply. The entire quantity of gold in the Universe can fit into a fairly large field. And the fact that it never tarnishes or depreciates in value: it is solid and inorganic. In this article, I analyze some of my best ideas in the gold mining industry. I provide my fair value estimate based on a discount cash flow analysis, assuming a $1600 per troy ounce gold price and a 10% cost of equity.