Post by
stateside on Aug 19, 2014 11:16am
Looks like BXX was the better play today...and why not......
BXX at $.05 with 300 million shares out for a market cap of $15 million and no cash, $1/2 million in debt and only 25% of the project.
CZQ at $.55 with 11 million shares out for a market cap of $6 million with $ 8million in cash, no debt and 75% of the project.
This proves the obvious point that market caps don't matter in this sector. Only share prices. BXX MUST BE CHEAPER than CZQ since it's ONLY $.05. Remember boys and girls, in this sector you have to leave your brains at the door before coming into play LOL.
stateside