Winspear Resources Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Winspear Resources

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: teevee who wrote (21098)	6/19/1999 12:31:00 PM
From: D.R.A.	Read Replies (1) of 26850

teevee, can you help me out, I only have 1/2 my grade 12(grade 6) and my math is very poor. Today I have seen a couple of references to Sudhirs report on WSP. In it he said that at 200.00/ ore WSP was fully valued (share price at the time was 3.85 I believe) and that if the price of the ore body was 300.00/t it would double (7.70/sh) It also said that all figures are in Canadian dollars. Now if a 50% increase in the ore value can cause a double in the stock price how can a 35% increase in the ore value cause the stock to tank? 181.53US x 1.5 = 272.30 canadian dollar /t. Now lets say a 35% increase in the ore body only caused the value to go up by 50% would not the fair market value be somewhere around 5.78/s. 3.85 x 1.5 = 5.78. I must have missed something in the report. Regards, DRA

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next