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Fund Manager Peter Siris Spots Gold in China

Sorry about the similar posting. I didn't think my first one went through.

Fund Manager Peter Siris Spots Gold in China

Whats up with the accounts recievables on some of these plays? CAGC and CPHI are super high. Its a lot easier to generate great revenue and earnings when you don't care if you ever get paid. And when they do need cash, they just sell their other main product - shares in their stock.

Fund Manager Peter Siris Spots Gold in China

I follow many of those mentined such as CPHI and CAGC. One thing - for these two and many others cited, the accounts receivable are astronomical. Its easier to grow your business in revenue and profits when you don't seem to care if you ever get paid. As for the cash flow problems - when they need some cash, they just issue some shares.