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Bobwins

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Bobwins

Re: None

Wednesday, 06/29/2016 11:18:41 PM

Wednesday, June 29, 2016 11:18:41 PM

Post# of 35722
ELC.v/ASXSF +.02 to C$.26

Elysee Development is a miner turned investment company. It's tiny and doesn't trade much but is undervalued on paper. I bought a very small position. Net asset Value of cash and investments is around $8 million vs 5.5million market cap. They made .035 eps for fye 11/30/15 and .08 the year before. 2014 had some non cash accruals that made up most of the earnings. The recent junior mining boomlet probably means that Q2 will be very good for Elysee, after a profitable Q1. They paid a .02 dividend in March 2016.


https://www.elyseedevelopment.com/news/elysee-acquires-1-3-million-units-of-ibc-alloys-corp-provides-corporate-update


https://www.elyseedevelopment.com/news/elysee-earns-usd744-279-during-fiscal-year-ended-november-30-2015

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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