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Gold/Mining/Energy : SHOW ME THE MONEY
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To: Stox who wrote ()5/17/1997 9:52:00 PM
From: CLK   of 75
 
GTG on the Pacific (Great Northern Gas) has 2.3 million in cash, 3.5 million shares and trades at 1 and 5/8ths. Very thin trader. Eventually they will be able to do something special. Golden Cycle Gold on the Pacific has 2.4 million cash, 1.8 million shares out and like GTG also is running in the black. Trades at 9 and again a very thin trader. The Pacific exchange is an overlooked source of real value. By the way Golden Cycle is one of the best gold companies with 200,000 oz a year production and large South African interests (DeBeers, Anglo-american, Minorco thru a subsidiary as partner). There is is an SI thread on GCC but not on GTG yet. It is amusing that 4.7 million dollars US is represented by 5.3 million shares between these two.
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