why do you say that zurich? is that the standard way of making an investment now? i.e, are other similar companies trading at multipules of their npv because of a percieved commodities boom?
"Therefore you want to own companies selling below NPV. For example a company selling at $5 a share that is currently worth $15 a share NPV. This shows upside potential. If a mining company is selling above it's NPV you better hope the company finds more and better projects in the future. Selling above NPV is ok for an established diversified mining company, but when you are analyzing developmental or small and junior mining stocks you better see at least a 2-3 times upside of NPV otherwise you have arrived too late and the stock you are buying is probably being sold to you by people who have done their homework."
MRX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
