ECHARTERS Message Board - Msg: 10784956

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Gold/Mining/Energy : ECHARTERS

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To: E. Charters who wrote (3144)	8/2/1999 6:09:00 PM
From: mark warburton	Read Replies (2) of 3744

E Charters, You have been most valuable in providing me with unbiased opinions in the past. Your judgement and knowledge provide me with insight to aspects of mining I am only begginning to learn about. In the case of Fortune minrals they have the NICO deposit that was valued at NPV of 350 million give or take a bit. The share float is 17 million and the stock is trading in the 60 cent range. Whats up? Seems to me that the market is saying the deposit isn't worth that kind of money or some other developments I am not aware of are keeping the price artificially low. Any comments would be most appreciated. Thanks in Advance Mark

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