Q: Can I please have your view on SHOW?
5i Research Answer:
SHOW is tiny at $32M market cap, even after a 175% one-year gain. Keep in mind we do not pay close attention to microcaps. It has no revenue, losses and negative cash flow. It had less than $200,000 cash as of its last report and the auditor put in a 'going concern' warning (not uncommon with small exploration companies, but still). It has assets in Nevada and currently has a drill program ongoing. But it is very early days: more capital and time is going to be needed here. We would consider it highly speculative. Insiders own 8% but have been small net sellers over the past six months.