RE: attempt at determining BV of AUGA more junior version focused on micro caps and with a flair for picking companies that can leverage a past producing trend, mine or area. A Pinetree startup of sorts but rapidly maturing.
Less candor on new investments than either of others. But enough now that we see MB portfolio in MDA. Due to micro cap focus, I think there position is warranted.
One key difference is the Polar Bear propoerty which really places AUG in the direct explorer league and has potential to be a comapny makes on its own. To be spun out but an announcement will explode AUG higher. They have great targets apparently.
Overall, AUG is vastly cheaper but then it has still to be recognized. Management are proving they are different than past (when company was really David focused and showing they meet all stds expected to attract capital (a wider management team and modern compliant structure focused on succession/future vision)). And by the way, doing well in this regard.
The best.....for some reason I pick stocks that virtually noone follows. I often chat to few posters while I see my stock multibag. Example BLS.TO which I put a net of about $1.1 in (after rights and divs) and made est $21 per share on.
Trend yesterday was great to see in falling market......that's the beauty of value focus/being different than the herd.