"Message for pattyp, when your back from your imposed holiday. I know how you like running the numbers on companies looking for value, if you have a few moments I would appreciate your thoughts on nav."
HotRods... I think it looks good (NAV). Even with the dilution ahead it has a "possible" 100%+ upside imho based on it's estimated earnings.
BUT... Grades are very low. This means that you have to be a very strong believer in gold prices. This mine failed in the past, so could fail again. Good luck.
If you want to talk some more:
pattyp77 (at) optusnet (dot) com (dot) au
BSM Price at posting:
23.9¢ Sentiment: Buy Disclosure: Held
