Chang Shan Hao Gold Mine

Gold production and acquisitions in China.

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Message: Out of whack!

Out of whack!

posted on Oct 07, 2008 08:13PM

Man this market is nuts. There are stocks selling on the cheap, beyond belief. Just looked up Hudbay, closed at $5.51, they have $5.76 of cash in the bank... you get the mining operation for free! Diana shipping, held in my RRSP, at it's $15 closing price yields a dividend of about 24% if they continue with the div at that rate. THey have good history but nothing's for sure. Surely Mgmnt would buy back stock first?

My fantasy is to go back to New Yrs day, cash out, then buy all those co's back at these prices. Ah well, it's only money...

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