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OMOLIVES

04/26/17 1:37 AM

#167 RE: Ponch73 #165

I looked @ MEC.....passed..but is on radar. Betting on Mongolia as a whole is my play.
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Ponch73

04/26/17 2:44 AM

#168 RE: Ponch73 #165

Another way to look at MEC vs MMC:

Market cap: 60M USD (MEC excluding convertible debt) vs 327M USD (MMC)

Book Value: (503)M USD (MEC Sep-30-2016) vs 557M USD (MMC Dec-31-2016)

Tangible Book Value: (499)M USD (MEC Sep-30-2016) vs 52M USD (MMC Dec-31-2016)

Price/Book: n/a (MEC) vs 0.6x (MMC)

Price/Tangible Book: n/a (MEC) vs 6.3x (MMC)

If you thought investing in MMC was risky, holy cow, MEC takes risky to a whole another level.