TSXV:CSG.H - Post by User
Comment by
longrider1964on Aug 30, 2009 9:34pm
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Post# 16262860
RE: RE: Board of Directors
RE: RE: Board of DirectorsIt looks like all the companies except Capital have the same valuation challenge. Alexis at 50,000 ozs and $55mill MKT CAP, Claude at 75,000 ozs and $70 mill MKT CAP, Richmont at 80,000 ozs and $83 mill MKT CAP. Only Capital with 55,000 ozs and MKT CAP of $127 mill seems to be getting a decent premium. Is this because they are based out of NYC and have a US listing? Also maybe MP should have talked to one of these companies about a merger as they seem to have as much untapped value as we do. Maybe a combination would get things going! Just my opinion