CDN. MOMO PUPPIES Message Board

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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: SwampDogg who wrote (9638)	9/29/1999 12:44:00 PM
From: marcos	of 36688

Well we should be able to figure this out - this biz.yahoo.com says 47.1mil out on lihry .. as per ven release biz.yahoo.com - "53.8 million shares or 5.7% of Lihir Gold Limited." ... so there is a little less than one billion outstanding on Lihir Gold Ltd?? ... so one lihry ADR = roughly 21 shares?? ... arithmetic not my strong subject -g- [edit] - should be 944mil out on LGL ... 944mil divided by 47.1 = 20.04 ... so it's likely 20 shares LGL per ADR ... eh? .. so if lihry is selling just now for 20US, a share of LGL is worth US$1.00 .. ?

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