Gold & Silver Mining Stocks: Are They Still Bargains?
Posted on August 22, 2010 at 06:01 AM EDT
This is Cardero Resource Corp (CDY), which I bought more of Friday at $1.03. CDY currently sells at .62X Book Value, has $1.20 per share in CASH and a tangible Book Value (Most Recent Quarter) per share of $1.68. Trailing Twelve Month PE = 1.23. 58M shares outstanding. So what is the catch? Why is ...
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