international soverign resourcesI happened to spot this company, symbol ISR,on TSE and here is what I see:
NAV as of Dec 31/02 is $2.42
6.5 million shares o/s at Dec 31/02 (subsequent financing of 500K after year end
First quarter cash flow of $1.35 million
No debt
current price around 90 cents
It seems significantly undervalued at current price
Any comments