RE:RE:If we ignore mining sector, should have been richer!the industry as a whole is sick................and way too mcuh lack of ethics for most......imho
The good news??? I dont think any of us, aside frocm CSK, hold SEA!!!!!!
But we can learn from SEA. WHy is it down? Financials not pretty:
1) Working capital down to $36 million.
2) Capital deployed this quarter fo $28 million vs $76 million a year ago!!!!!
They gonna need some money!!!!!!!!!!!!!!!!!
What do you think TUD's working captial is??? Id guess around $0 or negative!!!!!!!!!!!!
They also gonna need som $$$$$$$$$$$$$$$$$$$$$
I smell a deal coming very soon!!!!!
Stockmoves1 wrote: Yet in spite of this industry being so bad this Precious metals fund has yielded 11% per year for over 20years / now with Gold and silver busting out I wonder what the future has in store for this sector?? hmm / perhaps thats why its up 60% this year alone !! and yes I own it..
MFC8532 Mackenzie Precious Metals Fund Series F