GREY:ELGMF - Post by User
Comment by
borepson Aug 16, 2012 4:50pm
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Post# 20226745
RE: RE: Quarterly Results Out
RE: RE: Quarterly Results Out No reason for long faces.
For the 4 month reported, operating margin was 24%. This is healthy, besides larger tonnage comes from underground. The best margin reported for the year was approaching 27%.
I compared numbers with Claude (CGR) and they had truely disustrous numbers ( margin 4.5%+20 mln debt) and nothing in the future.
Yet this company priced 25% higher. Must be older company, better recognized and listed in US.
Our time will come.