Yes finding those stocks with good or discounted cash backing in this market is a good idea.
Yaqona, have a look at CGX cash flow statements back in 2005-06 and see their cash in bank relative to their market cap at that time. The negative enterprise value has proven to be a huge positive for them to aquire and fastrack their project.
It took a while but definitely paid off. Hopefully a similar outcome for BTV.
BTV Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held