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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (1685)1/4/2004 3:59:33 PM
From: jrhana  Read Replies (2) | Respond to of 16213
 
Using very round numbers for a very rough comparison

MTX had a market cap of a little less than 50 million

ADD with 40% of the interest of MTX should be worth a little less than 20 million

It has a market cap of a little over 18 million
ADD in fact has some other projects which should be worth something.
So in fact ADD may be a little better of a value than MTX. I own both but more ADD because MTX is very difficult to buy in the USA.

According to your logic however both companies should be worth about zero.

It seems to me unbelievable than someone would spend all the time and effort that you have criticizing the two companies around the internet and not be a short seller.

If you are as wrong about ADD and MTX as you were about SRM, will you also go into hiding for several weeks?