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SGX Resources Inc V.SXR

"SGX Resources Inc is a Canadian company which is engaged in acquiring, exploring, and developing mineral properties in the Timmins region of Ontario, Canada. The company holds an interest in Timmins South properties, Timmins North properties, and other properties."


TSXV:SXR - Post by User

Bullboard Posts
Post by SurfForWealthon May 16, 2007 1:20pm
459 Views
Post# 12790544

Fresh Presentation!

Fresh Presentation!There is a fresh presentation from May 8 2007 on the SXR website which incorporates all the new info from the successful Urasia acq. The cash cost are very low and the production growth profile is terrific. The stock is very cheap at current levels. This will be a cash cow within 1 year if all goes as planned. The numbers I crunched give the stock a single digit PE multiple starting in 2008 and onwards. Current analyst estimates for 2008 give the stock a PE of 9.66 based on current SP of $15.85. U stocks being expensive is a myth. I was buying more shares today. Cheers!!!
Bullboard Posts