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Sunday, 10/02/2011 1:40:44 PM

Sunday, October 02, 2011 1:40:44 PM

Post# of 70
OTCQX listings
I really like that OTC is developing a premier market OTCQX. They have been pulling in a lot of dual listings from Canada. These are better companies than most of what else is on OTCBB and better values than listings on the major American markets. They also have more global exposure.

Here, I see a market cap below book value. Not a surprise, since its assumed they will continue to draw down their cash to develop mines. So price to me looks good, but I want to have a handle on this business.

The thing I want to understand is why they've been around since 2003 but are still not producing and generating revenue. Anybody can go dig trenches in remote lands.