Commander Down

Commander broke its downtrend, but fell back on Wednesday. Maritime bought back a royalty on the Hammerdown mine for $750,000. Commander now has about 5.5 cents per share in cash and marketable securities. At 11.5 cents as I'm typing this, the rest of its portfolio of assets comes at a valuation of 6 cents, or $3 million fully diluted. I like this as a value play, but a breakout will have to wait.