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Bullboard - Stock Discussion Forum Kobex Capital Corp V.KXM

"Kobex Minerals Inc was formed on September 17, 1979 in Canada, formerly Kobex Minerals Inc. It is an investment company. The Company's investment objectives is high return investment opportunities in the natural resource sector and preserve capital and limit downside risk by targeting opportunities with attractive risk to reward profiles."

TSXV:KXM - Post Discussion

Kobex Capital Corp > Discount to Cash
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Post by dpunt32 on Jun 10, 2013 5:38pm

Discount to Cash

Interesting, about $35m in cash, 77c a share, trades at 58c..big discount..as long as they do not pay themselves alot and use up cash should be ok..looks like previous team all gone, hopefully reduces burn and they can find an attractive transaction...in this market that cash hoard should find a good asset
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