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Gold/Mining/Energy : MONETA PORCUPINE ME.t
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To: StockJock-e who wrote (238)5/28/1997 7:39:00 AM
From: denis J   of 440
 
Stockjock-e

Thank-you for your interest,

First 2million oz is conservative for this ore body,if gold can attain
400 U.S and you take a conservative figure of 280 U.S. per oz as a cash
cost leaves 120 U.S. divided by 40 % monetas share =48 U.S or 66 cdn
x2m = 132m divide that by the stock fully diluted of 45m =2.93per share
your comments would be greatly appreciated.

all the best denis J

p.s I will be away for a couple of days
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