GREY:SCPZF - Post by User
Comment by
pmac2015on Sep 22, 2016 2:42pm
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Post# 25266833
RE:Corsa Coal up 33% increases our NAV CDN$9M
RE:Corsa Coal up 33% increases our NAV CDN$9MIt looks like investors are finally noticing the huge disconnect in the NAV to market value of their securities. I added some shares yesterday at 42 cents, (hard to do when you are already sitting on a massive loss) with the assumption that the share price will drift back up to at least 55 to 60 cents. Which still does not recognize any of their private company values.
Do you have an idea of what the value of the InPlay shares are now worth? I quickly read through the transaction document and it was confusing. Last quarter management had the position marked all the way down to 7.5 million and I'm wondering if that will get a big bump next quarter.