DESCRIPTION: Vangold Resources Ltd. is an international diversified resource company headquartered in Vancouver, Canada. The company is involved in several high potential projects including oil and gas in Alberta, Armenia, Kenya and Rwanda, and minerals in Papua New Guinea and Uganda. Vangold is committed to maximizing value for its shareholders by creating a diversified portfolio of sustainable global resource ventures while continually improving its performance as a responsible corporate citizen and a leader in its industry.
The information below is based on the most recent information we have
received from analysts and the companies participating in The Gold Report.
We encourage you to visit the company's web site for updates.JP: A lot of gold stocks seem undervalued, but there's a huge financing pipeline. It depends on your view on the gold price.
TGR: When you say gold stocks that are undervalued, can you share with us some of those that you feel are undervalued?
JP: I would mention one special situation that is intriguing: Vangold Resources Ltd. (TSX-V:VAN). I serve as a non-executive director of Vangold, so I am not going to make any statements about the company, but what I will mention is that the company is breaking up into an oil company and a gold company. The gold company has highly interesting exploration properties in Papua New Guinea. PNG is elephant country for gold; it may be worth taking a look at it in the context of the imminent restructuring of the company.
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The Gold Report Interview with James Passin (11/20/09)