9.2 million in cash
Pitchstone holds 33 cents per share in cash, as of their most recent financial statement,
and sells for 21 cents.....considering the high regard for management and the quality of their properties expressed by several "experts", including David Morgan of course, this seems ridiculously cheap.....
and the fact the market cap is 5.8 million right now should tell us all we need to know....PXP is a buy!
https://cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=pxp&x=10&y=4