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To: LLCF who wrote (61992)10/28/2008 5:33:30 PM
From: marcos  Respond to of 78409
 
ktn.v - should have about .55/sh in cash, bid .48, low .50 so far ... they just did a 2.20 financing, lol ... to get the .55/sh i ignored wts/opts, which are all out of the money anyway

There are others, i saw a list the other day ... ngd.to has 350m or so in cash [1.60ish/sh?] but much of it is committed to NA and they do have very long-term debt, from memory around 200m of it, don't know if that should count ... and they have the ABCP paper too, took a writedown on it but they should get the great majority back in the fullness of time ... they have a new presentation on website, for a refreshing change they made it under a gazillion megabytes for those of us on dialup



To: LLCF who wrote (61992)10/28/2008 5:38:47 PM
From: ogi  Read Replies (1) | Respond to of 78409
 
NUS.T Comes quickly to mind. Yes much of their cash goes to Capex
but they are financed through to production and unlikely to spend the entire $ 300 mil or $1.50 a share. Teck has a big position and has separate concessions they are earning through JVs requiring substantial cash outlays.

Closed up 11.9% today to a whopping .87
I do not currently own it.

Cheers,
Ogi