TSX:SGR.UN - Post by User
Post by
bowmacwoodon May 13, 2011 10:27am
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Post# 18571891
Financials SVM vs SGR
Financials SVM vs SGRWhat SGR holders may want to do is maybe print of the SEDAR financials of BOTH SGR and SVM and compare "side by side". This is not to cut apart SGR because I think SGR is finally going in the right direction.
Both of these companies reported earnings this week. SVM had record profit and has a "pristine" balance sheet.
What is funny is that I started following both these companies at about the same time starting in 2004. I have seen first class's $4.00 to $8 bucks aboiut a thousand times :) SVM went from $2.50 to $20.00, split, and is now at about $32.00 per share (pre split, $10.00 post split). SVM pays a dividend and is also listed on the NYSE. SVM finances its exploration and growth mostly thru CASH FLOW. SVM has NEVER had a loss from operations.
Where as SGR has pretty much wallowed and has never made a profit, but that was the past and the future is bright??
just some thoughts