SI
SI
discoversearch

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 : Micro-Fine Gold Plays - Franklin Lake, etc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: C L who wrote (462)2/21/1997 11:43:00 PM
From: Alan Vennix   of 615
 
DDI update (was traveling last weekend and didn't post):

DESERT DIRT INDEX VALUES AS OF FEB 21:
DATE__________"DDI-CAP"________"DDI-SHR"_________"DDI-DOL"
DEC 31___________1000______________1000________________1000
JAN 3_____________982_______________980_________________920
JAN 10____________954_______________940________________1001
JAN 17____________817_______________818________________1022
JAN 24___________1003_______________988________________1266
JAN 31___________1087______________1053________________1411
FEB 7____________1177______________1118________________1419
FEB 14___________1226______________1129________________1722
FEB 21___________1177______________1093________________1768

NOTE: Index behavior since first of year is up on increases for share price of IPMCF, GPGI and MXAM, partially offset by decreases in CHIP and NAXOF. "DOLLAR" index has been primarily influenced by MXAM which has increased by over 400% since first of year.

BACKGROUND
Market Indices for the basket of 5 "Desert Dirts" have been calculated for three different
investments.

(1) MARKET CAPITALIZATION (DDI-CAP) - Assumes $1000 invested equally in
the 5 stocks on the basis of the market capitalization of the stocks as of 12/31/96.

(2) EQUAL SHARE AMOUNTS (DDI-SHR) - Asssumes $1000 invested by buying
equal number of shares in the 5 stocks based on their 12/31/96 closing prices.

(3) EQUAL DOLLAR AMOUNTS (DDI-DOL) - Assumes $1000 invested by buying
equal dollar amounts of the 5 stocks at their 12/31/96 closing prices.

Initial values for the three investments were calculated as follows:

STOCK__________CHIP______GPGI______IPMCF_____MXAM______NAXOF
MM SHARES ________8________20__________18_________45___________25
12/31 PRICE_______1.44_______1.63_________4.38_______0.16_________3.50

"CAP" SHARES___36.79______91.98________82.78______206.94_______114.97
"SHR" SHARES___90.11______90.11________90.11_______90.11________90.11
"DOL" SHARES__139.13_____123.08________45.71_____1250.00________57.14

With these share amounts, index values were calculated as above.
Market cap index is most influenced by NAXOF, followed closely by IPMCF
Dollar index is most influenced by MXAM since it was bought @ 0.16 $/share and has
had the most share appreciation since the first of the year
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News