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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Claude Cormier who wrote (3796)11/2/1999 8:53:00 PM
From: Sailfish  Read Replies (1) of 4504
 
Greetings to all...

Some fun with figures... :-)

Notwithstanding the fact the stuff is still IN the ground...

If the POG goes up by US$1, the value of the oxide cap increases by US$1.5 million...

But, if the price of copper goes up only 1 US cent, the value of that mineral in TG-1 increases by US$16.8 million...

December HG Cu closed at US$0.816 today...

Claude..What does your crystal ball say about when we can expect to see US$1.20 HG Cu again...?? ;-)

Regards....Ray
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