Junior Miners Article from Seeking Alpha 2008- follow up
The author listed 9 companies trading below book value. I bought the two cheapest, orezone and central sun, and within a few weeks iamgold acquired orezone and b2gold acquired central sun. Good times.
Eventually, 6 were acquired,as far as I can tell, the only ones left are Keegan, which is now Asanko,and is 1/2 owned by Goldfields, Vista Gold, whose stock has been in a strong upmove, and Entree. Still waiting for a resolution for Entree.