Author: WillP -- Date:1999-08-01 09:12:19
Subject: Carats Per Share
Winspear
Tonnage 20, Grade 1.75, Value $165 Shares 50
Value per share: $80
Aber
Tonnage 35, Grade 4.0, Value $90 Shares 65
Value per share: $75
Value with Snap: $100
Mountain Province
Tonnage 35, Grade 1.6, Value $100 Shares 45
Value per share: $45
Diamet Tonnage 70, Grade 1.0, Value $150 Shares 33
Value per share: $90
There are lots of other influencing factors, but, teevee is correct, that gold companies are compared in this fashion...at times. So, the comparison is valid.
The bigger influencing factors? Rate of production, time to production, perceived future dilution...
Regards,
WillP
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