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: Dan P who wrote (1254)	6/29/2000 12:24:00 AM
From: Claude Cormier	Read Replies (1) of 1321

<<The majority of the stock price is based on the new discovery, not Cow mountain. In my opinion, Cow mountain is now irrelevant to this stock.>> Mon ami. I disagree. Look at the stock chart just after they announced the great holes at Bonanza Ledge. Then look at it just after they announced production plan at Cow Mountain. The so-called application made the difference. Dan, for sure the new discovery is very significant and could turn IWA into a $5-$10 stock. But for now it is worth less than $2+ a share which is a market cap of C$90M. To get this kind of market cap you need at least 2 millions ounces of low cost gold in the drill indicated category. Of course, if they come up with more great results, then the picture will change.

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