SNX 29.3% 5.3¢ sierra nevada gold inc.

20% discount to cash backing, page-14

  1. 3,353 Posts.
    re: snx well, one way or the other, they have tanked because he failed. Pity.

    I think at around early 70's this must be good buying again, although I would prefer to see the cash either dished out or buy back of shares when they trade below the cash backing of the company - that is simply putting money in the pockets of the remaining sh'ers. Any director worth his salt would seriously consider this.

    Back to the drawing board, RR.
 
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