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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: Buckey who wrote (4157)7/28/1999 9:24:00 AM
From: Buckey   of 36688
 
Relative to TYK I see TNP.U being over priced if we simply use their pre-run prices as a base, the market caps etc.

Follow me here - Turnip was .15c now .35c - 20 cent increase x 1.5 for exchange rate equals 35c x 55 MM shares = $20MM market cap increase ( 30% of well)

versus
TYK - base of $1 - now 1.50 - 50 cent increase on 15MM shares for a market cap increase of say $8MM ( 50% of well)

Assumes that this news is fully responsible for recent share price increase and that the base above excluded this.

I know it is very crude ( pun) but it does merit some thought
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