RE: CRE's Standard and Poor's report Just a curiosity... I was reading S&P report for GWG and they give them C$ 0.15 for GWG's tangible book value per share. Still not quite understanding how they calculate that - probably from the financial reports - , all of sudden our C$ 0.14 does not sound bad for our current sp... Indeed GWG is in a different project phase, but they still need tons of cash as we do...