Int'l Wayside Gold Mines Ltd (IWA-VSE) Message Board

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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE)

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To: Au Contraire who wrote (1293)	7/14/2000 9:58:35 AM
From: Claude Cormier	of 1321

<<But I interpret you as implying that new results of the same magnitude will be needed just to maintain or justify the present price. >> Well we certainly need very good results to maintain the price and possibly move higher, othwerwise it is going to $0.50 and lower. << I don't think speculators get much into market caps in the early stages of a drill hole play. >> I agree, that is why IWA is still a high risk/high reward speculation. Very good drill results will certainly move it. Frenzy takes precedence over proper valuation. But in the end it is the NAV of the asset that dictates the market cap of the stock.

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