TSXV:CAV.H - Post by User
Comment by
beechav8ron Jul 17, 2012 1:04pm
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Post# 20121962
RE: RE: RE: RE: Two things that make me laugh here
RE: RE: RE: RE: Two things that make me laugh here The company has to raise 250 million, but only has a market cap of 30 million. Think about that, and you will realize how hopeless this is.
Doesn't quite work that way. The NAV far exceeds the market cap. The "pounds in the ground". Look at how far TCK'B's market cap shrunk in 2008 before it was raised from the dead.