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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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To: statesidereport who wrote (1336)	11/19/2015 9:21:34 AM
From: TheGoldReport	Read Replies (1) of 1728

That's too bad. With SQG I guess you have to look at the relative discount. Back last year it was maybe around 33-50% discount to NAV. Now it's about 60%. 40E was hot as hell yesterday, trading on 140 million shares and up to 15 cents. If you look at the following website (after Google Translate assuming you don't know Korean), Black Priests is up to 30.5 billion Won in box office sales, or about $28M US. kobis.or.kr It's going to be a big quarter for 40E, which will translate to a big NAV on SQG. They report at the end of the month and will disclose their current NAV then no matter how September financials look. So you have a bit of time to decide if you want a second kick at the can to recover some money back on the first trade. I think 40E will be over 20 cents by Nov 30, which means SQG's NAV will be around 20 as well.

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