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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: StocksDATsoar who wrote (28381)2/16/2000 9:00:00 PM
From: CIMA   of 150070
 
SRU.V - From Raging Bull:

By: joelgoldman
Reply To: None Wednesday, 16 Feb 2000 at 7:16 PM EST
Post # of 1424


Looking at the last hole on the 16 meter intersection
let us make some rough estimates.
1% nickel= 20 pounds a ton x $4.50(price of Nickel)= $90 a ton.
1.2% copper = 20 pounds x .82 =$16.40 a ton.
3 pounds of cobalt x $15 a pound =$45 a ton
(lets do Palladium @$700 it will probably get there tonight.Also lets just skip the Platinum.)
1 ounce = roughly 30 grams.
2.13 = $49.69 a ton.
Grand total = $201.09 a ton U.S Dollars
What happens when we hit the high grade rock under the lake?

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)


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