RE: RE: Back In's....
"Bottles: If you were a pp shareholder in at $2.50 and received no ROI in 19 months, what would you be thinking?
My guess is you'd be thinking "management sucks.""
That and thinking about taking a tax loss!
Stock prices go up and down despite good management and bad management. In the whole scheme of things, there are a host of various other factors to look at as well. To be fixated on one so as to have tunnel vision on the others is just not prudent imo. Right now, gold is selling off and volume in CRJ picking up that is most likely tax selling related. Do I sit back and proclaim how bad management is or do I pay attention to something like the following:
Golden Star Resources Ranks the Lowest in Terms of EV/EBITDA Ratio in the Gold Industry (GSS, CGR, NEM)
47 minutes ago - Financial News Network Online - News Corner via Comtex
Below are the three companies in the Gold industry with the lowest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.
Golden Star Resources (AMEX:GSS) is lowest with an EV/EBITDA ratio of 3.96. Golden Star Resources Ltd. is a gold producer with an interest in the Bogoso gold mine in Ghana. The Company also has other gold and diamond exploration interests in Suriname, the Guiana Shield of South America, and West Africa. Golden Star Resources has traded 774,000 shares thus far today, vs. average volume of 1.4 million shares per day. The stock has underperformed the Dow (-1.7% to the Dow's -0.0%) and underperformed the S&P 500 (-1.7% to the S&P's 0.1%) during today's trading.
Claude Resources (NYSE:CGR) is next with an EV/EBITDA ratio of 5.66. Finishing up the bottom three is Newmont Mining (NYSE:NEM), with an EV/EBITDA ratio of 5.84. ---------------------------------------------------------------------------------------------
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