Consolidated Silver Tusk Mines Ltd. Message Board

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Gold/Mining/Energy : Consolidated Silver Tusk Mines Ltd.

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To: Ronald Russell who wrote (2194)	7/11/2000 5:23:00 PM
From: catzrsa	Read Replies (1) of 2229

Ron, The way that I have worked this out is that taking into consideration a base sale price of $275.00 per ounce, and further factoring in an average production cost of $125.00 per ounce, it appears that 54%+ of the $450K (+/- $240K) will represent gross profit, equaling $2,9 million per year over a 15 to 18 year life span of the property. I'm sure that the company's management will apply a fair amount of this money into expansion, further property exploration and additional property acquisitions, if you read all of their latest news releases. Considering further that approximately 17,8 million shares are in the float currently trading with no revenue at an average of 0.20 I would say that a relative value of $4 to $5 Canadian is what the stock will be worth once they are in production, and hopefully increasing from there. This might explain why an institutional investor has a bid in at the moment to purchase a block of 50,000 shares. That's my opinion, but maybe you want to consider calling the company and asking them. Scott.

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