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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 > Selling some KXM and moving it
View:
Post by Dave4444 on Nov 18, 2015 6:56pm

Selling some KXM and moving it

to MSV, MSV has a lower market cap. than KXM, but twice as much cash and 4 times the assets, with no debt. KXM was cheap in July but now the upside is more limited, especially if management does a bad transaction just to save their jobs. So MSV is looking to be to cheap to ignore.
Comment by stopedout on Dec 20, 2015 10:50am
True, MSV is trading at 40% of cash value but all that money is going into a hole in the ground in China. Apples and oranges.
Comment by Dave4444 on Apr 10, 2016 10:16am
Should have listened to my post in November 2015, Kxm up a little, but MSV has doubled. Closed minds miss opportunities.
Comment by sherbrooke1 on Apr 11, 2016 12:55pm
This post has been removed in accordance with Community Policy