RE: U.S Global owns 15 mil shares (10.5 %)US Global, one of my favorites. THE>.. Mr. Frank Holmes.
Remember, we are a turnaround of sorts, so its always risky,
as with any venture capital stock. However, the winds of low interest
rates, global financial turmoil, especially in the USA< should bode
well for most AG and AU producers. At 5 or 6 million dollar market
cap, I dont know what the multiple might be on reasonable replacement
value. One weakness, is the lack (or my perception) of a person that
might champion the story. I dont believe a PR firm is on the payroll.
ON the flip side, its a pleasure to see how the expenses have been
chopped, something I give the management in Mexico, great compliments.
Chart still looks reasonably good.. to quite good. Looking forward to
the September update, or thereabouts.