vaalbank to be fastracked, page-93

Newminer, I hope you don't mind or take this the wrong way, but I would like to use your post as an example to some here as what not to do.

1. Never use market caps from sites like Yahoo. They do not include options in the money or other securities like convertible notes, and often they are just plain out of date. The best thing to do is to find the most recent Appendix 3b for the company and use the information from there.

2. Never just assume that if one company's share price is above another's that it is worth more. It is the market cap that counts.

3. Never assume that just because one company is valued more than another, it must be 'further down the track'. A read of GCL's last quarterly report shows that CCC is no less advanced in their projects. The market is full of mispriced stocks - overvalued like HUN, as well as extremely undervalued stocks like CCC.