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Belgravia Hartford Capital Inc C.BLGV

Alternate Symbol(s):  BLGVF

Belgravia Hartford Capital Inc. is a Canada-based investment holding company focused on growing its assets and holdings and increasing its net asset value (NAV). It invests in a portfolio of private and public companies. It takes a multi-sector investment approach, with emphasis on the resources and commodities sectors. The Company's investments are considered high-risk holdings, and it may expose shareholders to significant volatility and losses. It operates in three core business divisions: incubation, investments, and royalty & management services. The incubation division helps develop new companies in specific sectors. The Investments division, Belgravia Holdings, provides merchant banking services and invests in a portfolio of private and public companies with a focus on resources, technology, and healthcare. The Royalty and Management Services division has developed a targeted royalty and fee income model and provides services to support the development of early-stage companies.


CSE:BLGV - Post by User

Post by patntgemon May 21, 2016 9:44am
198 Views
Post# 24894996

Market Cap

Market Cap

To be clear, I’m not suggesting anything like the illegal schemes that have given OTC stocks a bad reputation. Companies in this position have a legitimate concern for their valuation. PotashRidge’s recent similar offering was to both raise money and market cap. WesternPotash has been buying back shares on the open market to mop up supply and eventually drive up price. And ICP has had a similar problem: excessively low valuation given the amount that has been spent so far in development costs. They’ve invested around 110M or so since forming the company. A fairer valuation (assuming a mine can be realistically built) would be about .65 per share. After all, the mine can’t be built without all the studies, approvals etc., which is part of the value of this project. The problem is that the current market mind-set towards mining in general, can’t imagine this mine getting built. All that money and effort would then be a waste, the project worth maybe .05 a share, for maybe the land and equipment. ICP needs a more optimistic view of their prospects.

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