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Gold/Mining/Energy : NDT VENTURES
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To: russwinter who wrote (935)1/4/2001 11:20:22 PM
From: charred  Read Replies (1) of 992
 
It is an expensive deal. No doubt. "like Minefinders four and half million ounces ($145 cash cost) at two bucks (ten million mkt cap, EV) an ounce already proven up. A lot cheaper", or buy FGX or buy BAY. Lots of ifs.

If a major buys out NDE they will take off $7 per ounce of the purchase price.
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