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8,620 Posts.
374
01/05/08
16:09
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Paul is correct plus...
"For God's sake they now have a market cap less than one third of CTO one third of IGR and have infrastructure worth as much as the market cap.
So the gold in the ground is worth didley squat!"
I am sure many said the same thing about VRE.
Infrastructure is only valid when it gets disassembled and sold as part of receivership (or other).
Even now they have no cash left yet again.
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