GREY:PCCLF - Post by User
Comment by
moneymotivatoron Mar 08, 2012 10:26pm
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Post# 19647314
RE: $66 Million Warchest intact
RE: $66 Million Warchest intact Yarp it should come back eventually, hard to believe it's still trading below cash value with no debt. I guess there are a some opportunites costs of holding cash. Managment's conservative strategy appears to be paying off. They made a million plus in Q3 thanks to its holdings in US dollars not bad for a company that has been pretty quite on the news end side of things. Interesting to see Sprott still holds a good chunk and in their mutual fund.
I think the fertilizers got a good chance this fall, it been a while since they have really performed. Good to see a sharebuy back is coming through its about time! Niobium sounds interesting only three producers worldwide.
GL,
MM