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Gold/Mining/Energy : Minera Andes, MAI on Alberta

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To: Claude Cormier who wrote (208)2/1/2000 10:31:00 PM
From: Jim Bishop  Read Replies (1) of 340
 
Claude, I guess someone noticed our MAI talk. Got this message tonight:
----------------------------------
"Your friend Claude was discussing fundamentals.
The following are fundamentals. The geophysical target is 1600' x 3200' x 300'. If the
news releases can be believed, and, it is assumed the drilling has confirmed the
geophysical target, and, the target is an ore grade, it appears that the size of the
orebody could approach 160,000,000 Tons.
If the net present value per ton is:
$ 10.00 then the value of the deposit could be $1.6 Billion
$100.00 then the value of the deposit could be $16.Billion
$200.00 then the value of the deposit could be $32.Billion
$300.00 then the value of the deposit could be $48.Billion
Divide the the foregoing numbers by the fully diluted outstanding shares and you get
some idea how high into the stratosphere this thing could go.That is why Paul Sarnoff
(bless his soul) touted this as his favorite years ago.
The previous drill results are absolutely outstanding. If gold wasn't presently in the tank
this stock would be flying.I had the pleasure of looking over a thin section of the rock,
and that is the reason I continue to hold the stock notwithstanding a 400% win in about
3 weeks. Let any of the pros you know beat that record!!!!!regards"
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