Hodgepodge for a Crazy Week — Two Ferris Teasers, and Two Buys

by Travis Johnson, Stock Gumshoe | May 21, 2010 2:59 pm

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Source URL: https://www.stockgumshoe.com/2010/05/hodgepodge-for-a-crazy-week-two-ferris-teasers-and-two-buys/


10 responses to “Hodgepodge for a Crazy Week — Two Ferris Teasers, and Two Buys”

  1. brenda says:

    Just a note to the NAV for Sprott: I think I might have double counted some of the cash balance — since I included the stock market valuations for the two IPO’d spinoffs, it’s possible that the bigger cash number includes the cash balances on the books at those two subsidiaries as well as Sprott’s “headquarters” cash. That would cut in by perhaps as much as 50-60 million, I’m guessing. Still should be checked if you’re relying on that number, just wanted to note it — it gets confusing when a subsidiary is publicly traded but also may be included in corporate books as a subsidiary. If you ignore the cash and just include bullion and the three major subsidiaries that are relatively easy to value you get to right around the current stock market value … so figure out what discount you demand for owning stocks like Orion that you can’t easily sell in a hurry (since you own 80% of it), and you can toss in Waseca, whatever actual investable cash there is on the Sprott books, and their stated 25-30 million of other investments on top. Still looks like a good discount to me, but getting more confusing all the time (they also recently started a One Earth partnership for oil and gas with the First Nations, though that will move a lot slower than the farming).

  2. 10bagger says:

    Is there any info on the teaser from Stock Prospector on Amarok Resourses?
    Thanks

  3. jetakesue says:

    Travis… great new puzzle for you…from Stansberry

    Tiny Company Prepares to Introduce World to…

    “Gold Sands”

    A small, publicly traded micro-cap has stumbled onto the discovery of a lifetime: A radically different kind of gold deposit – in a very unusual location – with samples 7-times more concentrated than the average gold mine. If all goes as we expect, the sky’s the limit for this company’s share price.

    At Stansberry & Associates, we’ve assembled a team of experts to study this opportunity, and on July 12th, 2010, we’re hosting an emergency call to present our findings. You’ve been pre-selected to participate.

  4. Michele A. Purcell says:

    Travis-

    Yes please tell us the name of the “gold sands” company before July 12 so we can all make our fortunes!
    And also let us have your opinion of the chances. It is definitely a Phase 1 pick.

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