GREY:STTYF - Post by User
Comment by
MidasMulliganon Aug 01, 2013 6:06am
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Post# 21643131
RE:RE:RE:Still Buying.
RE:RE:RE:Still Buying.
In his 2nd quarter 2013 presentation, Roumell Asset Management still has a target price for SND at 10,00 USD/share (their average cost per share is 3,08 USD).
But the way they calculated it seems way too optimistic (10x cash flow from Donner, Colossu AND Thunderbird) plus other SND investments at cost - which are way underwater right now (shares of DON, TBD, coal assets,...).