Cadre Resources (CSL.V) Awaiting production #'s and Financ Message Board

STOCKTALK

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 : Cadre Resources (CSL.V) Awaiting production #'s and Financ

CSL 322.80

+0.5%

Dec 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spiney who wrote (689)	7/29/1999 3:34:00 PM
From: TrueScouse	Read Replies (2) of 1285

Spiney: The lack of market action shows there is very little knowledge of the Cadre situation. Rich Biscan had sent out a copy of his spreadsheet a few weeks ago. When I look at it now, the $66 million Net Revenue from Operations (at 6 million tons) translates into over $3 per annum per share -- assuming dilution to 7 million shares and 33% ownership by Cadre. And that's in US dollars. i.e. Annual net revenue in the first year of operation would be about 6 times the current share price! It's hard to imagine, but that's what the numbers show. Let's hope that the pre-feasibility study confirms this. Howy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next