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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (1406)3/24/2009 2:59:57 PM
From: FIFOkid  Respond to of 1931
 
GCE sure was an easy double in a few weeks. The reason why it has risen today in a tough market is another contract settled in at $128-129 per metric ton for the highest grade coking coal for the Japanese steel makers. A price much higher than expected. GCE will likely stay profitable for the next fiscal year.

Any thoughts on Orvana ORV.TO? No near term catalyst but has a very compelling market cap valuation of $73 million and $115 million in free cash on the balance sheet . It would be nice if they became acquisitive. Zaruma Resources and Constellation Copper who is in bankuptcy has a very attractive contiguous gold/copper oxide properties with idle assets you could likely pick up for almost nothing.