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2.3¢ krucible metals limited

ah sorry yes MPO trading at over half but trust me there are...

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Fibonarchery

12,525 Posts.

2

06/11/14

21:44

Post #: 14248772
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Originally posted by Bolics ↑

Thanks. Hadn't seen NXM. Might have to take a closer look. MPO capped at $40 with US$58.5 in the bank..not quite a 1/3....actually not even a 1/2....but plenty of cash.....just have to watch that court case. LMR I have traded, but not sure of one crowd owning 60%. The point is there is not many companies trading at such a discount to cash , and to suggest it is normal is ridiculous. I think you are stretching it with 10 that trade at 1/2 (i can see 3), but even if you are correct that means that the other 98% or so juniors trade at some form of positive enterprise value.

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ah sorry yes MPO trading at over half

but trust me there are another 7, just not keen on sharing atm!

Most are capped at $1 million with $2 million in the bank

KRB Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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