Well here's two thirds of the first month's fifty cents right here - stockcharts.com
-gggg- ... it's just worth more - yesterday at 3.25 suf had a market cap of 80mUS, while things seem to be going well with Phase One, which is planned to produce 159,000oz at 147US/oz cash cost ... so let's say they can sell metal for 397US/oz, that's cash flow of 250US/oz - 40mUS per annum, and that's just Phase One of Messina only ... at a shareprice to cash flow ratio of say four, that's 6.50Cdn a share, without improvement in metals prices, without cash flow from Klip or Camafuca, without the next phase of Messina .... political risk of RSA sure, but it's not that great and is overly discounted imho
eyewatch, soon as i saw that uptrends.com wanted an email address i wondered who they would sell it to ... got to watch for that on this internet, i'm getting spammed by some bunch of sleazeballs touting crapstocks, somewhere along the line a site i trusted has sold my email ... stockcharts.com has excellent charts, can't beat 'em imho, and i perceive in them a sense of honour, the prez posts on SI and an employee as well ... prez is named Chip something
Margin - well on friday i was in it to the eyeballs because the suf volume there came when i had a full trading position of Franco, sold some of the latter today though, so whew -ggg- ... damn i love these two companies ... cheers |
