OTCQX:SREMF - Post by User
Comment by
MiningMonsteron Jan 06, 2012 11:49am
326 Views
Post# 19375863
RE: RE: Most recent analyst
RE: RE: Most recent analyst Gopher,
Im new to this board but I guess youre the boards bitter prick?
I do wonder however, CLQ updated feasability has a reduced pre-tax NPV of only $190mil whereas the mkt cap is today $115mil. So trading at 0.6x NPV.
Their peers are trading at many times cheaper than CLQ on this basis.
Seems that CLQ is overvalued maybe thats why Blackrock sold. Gopher?