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Gold/Mining/Energy : GEOMAQUE
GEO 15.22+4.4%4:00 PM EST

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To: TrueScouse who wrote (156)5/17/2000 3:49:00 PM
From: Claude Cormier  Read Replies (1) of 260
 
<<Am I missing something here!?! Other than the general state of the market, do you know of any reason why GEO is so cheap?>>

Howy,

Basically there is no demand for value plays in the mining sector. It is really hard to sell a good story.

GEO should have cash flows of $0.15++/share in the first year after Vueltas startup... (assuming gold at $280). Can't see how the stock will remain at current level till then.
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