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 : Winspear Resources
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: teevee who wrote (20543)6/17/1999 12:06:00 PM
From: Bob Fairchild  Read Replies (1) of 26850
 
Teevee you're math is off. First of all,
Aber has 32% not 16% of Snap Lake so every $1 move
in Aber re: Snap would translate into a $2.125 move
by Winspear because of the 32% : 68% ratio.
Even if your 16% was correct, the ratio remains as
16% ABX : 84% WSP or 1 : 5.25
In this case a $1 move by Aber is $5.25 to WSP, not $7.00
This is not accounting for # of diluted shares.
Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News