Kazakhstan minerals KMC.U -TSE Message Board

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Gold/Mining/Energy : Kazakhstan minerals KMC.U -TSE

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To: John Menzies who wrote (10)	12/20/1997 7:23:00 PM
From: Mitch	Read Replies (3) of 112

I just happened upon this thread although I have had a small position in KMC.U for a few months. My understanding is that this company has CASH in substantial excess of its total market cap. Am I wrong? If I am correct, this means that its assets (large, proven deposits of copper and gold) are being given a negative value by the market. I realize there are political risks involved in Kaz, and the POG is what it is, but this is ridiculous. If there is anyone on this thread, what do you think?

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