Consolidated Silver Tusk Mines Ltd. 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 : Consolidated Silver Tusk Mines Ltd.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wade who wrote (2144)	3/28/2000 1:52:00 AM
From: Randy	Read Replies (1) of 2229

Here is some speculation on the future value of CKS. Not sure why anyone would sell their shares today for 20 cents or less unless they know something no else does about the future of the company. The numbers I heard to support a share price of $2.5 are: $30 MM to $50 MM for the gold over 5 to 6 years. This did not include the silver or Mn and did not include the tailings ponds that are valued at an additional $6MM to $8MM. If we use a cash flow multiple of 10: $30MM/5 years/24 MM shares * 10 = $2.5/share. How quickly it takes the market to realize the potential is the big question. No credibility from the previous management and delays in getting gold production by the new guys require patience galore. I would guesstimate if there is gold production in May the price will hit $1.00 to $1.25 as the market gives them one half the fair value. If production rates match their targets, then the other half will come by the end of the year or sooner depending on the production rates. If the silver and Mn lower the production costs and the price of gold goes up and they exceed the production rates early, the price could hit somewhere between $2.5 and $5.00 per share.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next