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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Little Joe who wrote (3603)9/2/1999 10:08:00 AM
From: Claude Cormier  Read Replies (2) of 4504
 
LJ,

I am also surprised by the current weakness, especially now that all analysts are saying that MAN has a NAV in excess of $6.50 and that the oxidized gold cap on TG-1 alone is worth $4.00 a share.

What is sure though, is that no one is giving any value to TG-3 so far.

On the positive side, it looks like the $5-$6 range will be a very strong floor until further news.
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