Post by
Method on Feb 11, 2015 10:33am
Corona 2014 results and NAV update
So Corona filed results last week. Basically no changes from last quarter in the portfolio. I updated the valuation of the KGL warrants to match the company's valuation.
NAV is $0.81/share as of this morning. So discount as big as ever. It seems like Murray John no longer works for Dundee so maybe a transformative deal coming sooner rather than later.
Comment by
RockLobster1 on Feb 12, 2015 2:49am
Thanks for the update... I assume the KGL wts are valued very low since the stock is down a lot. Many cheap gold companies, would be nice to see them put the cash to work... maybe they can buy on the cheap from Pinetree or Aberdeen... If they dont want to they should do a dutch auction to buy back a bunch of shares ... too bad we are not in charge!