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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Richard Mazzarella who wrote (2367)2/15/1997 10:54:00 AM
From: Chuca Marsh   of 35569
 
Zeev lelt out the PE ratio@Valuation Share Pricing,Barrick=43;IPM=?
Say 20, R.M., plug it into Zeevs $10.00=$200.00, 40= $400.00; adjust for a 100% stock split, Right?, and Voila= $800.00
I think I am right using basic investment analyst technigues.
Zeev, contrary technique is a great tool. I made money on Cyrix, hay Zeev - I tell you a month or so ago that I bought it for the first time at what I preceive AS THE BOTTOM, and you tell me to sell if it goes down 12 cents, then it goes up to 28ish (granted once) from my $17.62- gad -what if I sold out completely- They are about to announce a Compaq Deal plus the Low & High end stuff to follow.
Same here, buy some stock in IPM- enjoy. You have nothing to loose and the GAINS might make up for you super - con fiiasco.
ChucUsingBasicsTalkingProfitNotProffet
P.S.- I left out discussion of Depth of deposite which if consistant is a multiple of either 100% or 200 % -You Pick. And the grade of extraction; Zeev at .25; BD might be at .50 but this new info on Naxos= 1.00 which is a 4 fold increase on the Zeev figures. I can not remember, as if it matters here in this superficial interpolation of mine, what is the area grid that Zeev used -the First of the Six initial targets = a 5 fold factor here. What am I up to now with all those take $800.
then a 4X factor then resultant 2x for depth, then a 5 x factor for grids= $10,000 a share or over. If this is a breakthrough with all the best case scenerios in place , the yes this will be big. Re-do my math-
I am not a math WIZ but I do have some tools, if I missed something grant me some of the scenerios then put $1,000. a share on a possible price and buy and HOLD & WAIT!
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