Loading ...XPL – Solitario E & R
This is an interesting play among the explorers. They recently sold an interest in their Mt. Hamilton property, paid off all of their debt and initiated a stock buyback. The company’s ENTIRE market cap is equal to their cash balance. You are basically buying a bank account one for one with an exploration team attached to it. This is an exploration company in great financial shape and will keep the lights on for a long time. This is an interesting case that I haven’t ever seen before.