WV-VSE WAVVE.COM Message Board

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Gold/Mining/Energy : WV-VSE WAVVE.COM

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To: Lynx who wrote (55)	12/4/1999 1:15:00 PM
From: Claude Cormier	Read Replies (2) of 169

<< I picked up some more of BVG with the value spread way out of proportion. To me BVG doesn't even have full value for its gold mine let alone its 10+ mil. shares of WV. >> I am not sure how you can conclude this. BVG is certainly a very promising speculation to own if WV continue to move upward. But I wouldn't say that it is not valued properly here.. You may know that BVG has a large debt and this alone offset the value of its investment in WV and more. You must also understand that we are in a High Teck/Internet bubble where all stocks are grossly overvalued. What if the bubble burst in the coming months...? Of course, if this thing continue for all of 2000 you might well see WV at $10.... but this will not mean that WV and BVG will represent value. IMO, we live in very dangerous time. If I buy BVG it will be because the Tomi mine can support current stock price, something which is not obvious to me now...

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