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Oh sorry another off farm investment question, ok not really sorry

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    Oh sorry another off farm investment question, ok not really sorry

    Ok I got this SSO stock that is quite a bit down from when I bought. My dilema. SSO owns 40 some plus percent of PVG which closed at 16.4 per share today. PVG is one little exploration project with a lot of resourse estimates at the moment. 87 million shares times 16.4 per share values the company at 1.247 billion. SSO share closed at 15.96 and total 80 million shares for a value of 1.276 billion.
    SSO also owns some 15 other exploration projects plus a new opperating mine. Should I double down? Am I missing something?????

    #2
    The technicals are sort of in your favor. I see sso
    has risen above it's 50 day moving average..but I
    also see analysts are forecasting smaller
    earnings for 2012. If you don't know for sure why
    this company is expected to earn less this year
    then I wouldnt add to the position.

    Comment


      #3
      Are there any research analyst following the
      companies? It is difficult to assess these smaller
      stocks. I invest what I can afford to lose.

      Comment

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