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Cambrian Mining plc - A Quality Play on Coal & Gold

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papillon - Fri, 23 Dec 05 :

WTN mkt cap is C$293m = £145m. CBM has 42% of WTN. Makes WTN stake worth £61m to CBM. Yet mkt cap of CBM is only £91m. If WTN has hit bottom and turned the corner .... and the chart plus high volume accompanying recent sp rise in Canada is starting to indicate it has then CBM is seriously undervalued especially as it looks as though AEN is due a bounce. It has other share stakes in AZR, AGD etc plus cash in the bank ...... now that WTN has started to reverse its slide I reckon CBM will fly over the next few months. I can see 128p within a week or so.


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