Winzen International Inc. (WZI : CDNX) Message Board

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Gold/Mining/Energy : Winzen International Inc. (WZI : CDNX)

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To: Bam who wrote (1)	9/29/2000 9:54:14 PM
From: Gulo	Read Replies (1) of 15

Your calc is off by a bit: NAV = $0.34 / share, not $1.20. Earnings are solely capital gains on condo sales. Why would this company be worth any more than NAV (minus the normal 10% holding company discount)? -g

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