RE:RE:RE:NEWS!It was very interesting to compare MPVD and SWY financial statements
MPVD 160,253,501 shares
SWY 835,263,337 shares
SWY has a lot of shares. How many carats Renard produces? 1.4 million carats per year.
Gahcho Kue over 5500 carats per year!!!
Basic and diluted earnings (loss) per share last financial statements
MPVD 0.17 cents per share
SWY 0.00 cents per share
MPVD loan
SWY Loan The loan bears interest at a rate of 12% per annum, payable in cash and principal is to be repaid in equal monthly instalments
MPVD inventories 88046 carats including high value stones
restricted cash 110,994 millions
SWY 63,073 carats did not find information about high value during exploration or production
cash 43,430 millions dollars
"All intelligent investing is value investing -- acquiring more that you are paying for. You must value the business in order to value the stock." - Charlie Munger