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

To: FIFO_kid2 who wrote (1455)	9/10/2010 4:04:51 PM
From: FIFO_kid2	Read Replies (1) \| Respond to of 1931

After selling out I have reestablished a position in GRVY. It looks like there is now a rumor GRVY assumed the MMO games from THQ/ICE in addition Ragnarak II game that is now in beta testing. I also recently decided to initate a stake in Gobimin GMN.V whose free cash on the balance sheet approximates its market cap. Its 24.5% owned coal mine fully paid for, is now about 50% complete and goes into production in 4 months. The 43-101 on its 70% owned gold mine is also due to come out soon. The company also has repurchased about 1.9 million shs YTD with about 1.2 million completed in the last 3 months.