Post by
DrNo1962 on Jun 24, 2021 5:08pm
Undervalued...
SHL.v - market cap ~$25 million - is severely undervalued - especially considering commodity boom we are experiencing. SHL.v owns 8.1 million shares - more importantly almost 10% - of CNC.v which is currently trading for ~$3.50/share PLUS another 10 million shares of NOB.v. Equates to approx. $30 million in marketable securities AND given CNC.v is just begninning to expand and develop interest in Crawford nickel project this value will only likely increase - SIGNIFICANTLY. Of course this doesn't even contemplate SHL.v properties - namely Great Burnt copper project which is scheduled to update resource update by end of June (and also includes largely unexplored gold showings on north of property) and Crawford VMS claims which were retained after agreement for Crawford nickel claims w/ CNC.v in 2019. NOT TO MENTION recent announcement of SHL.v acquisition of oil and gas property in SK - still waiting for more details on this unexpected announcement. All this for market cap of $~25 million. Seems to be tremendous value and potential here.
Comment by
DrNo1962 on Jul 02, 2021 2:36pm
Anyone else here??... Trading makes no sense.