InformedTrades - Blog Entries

what about the book value of a company?

Posted 07-15-2009 at 05:38 PM by jaro g. (jaro g. ~ MyBlog)
Updated 01-06-2010 at 07:31 PM by jaro g. (inserted blog categories + recapitulation at the end of the year 2009)

Tags amerigo resources, book value, cardero resources, cbh resources, market capitalization

i couldn't resist the temptation and bought (still cheap enough

) two more commodity stocks before these crazy price jumps today:

cbh resources - base metals, gold in australia
cardero resources - iron ore, copper, precious metals in peru, usa, argentina

folks, cardero's market capitalization is approx CAD 56 million. they've sold one of their iron ore properties in peru to a chinese investor for USD 100m and will receive the remaining $88m soon. what about working capital, book value,...