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Gold/Mining/Energy : Hegco Canada Inc.
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To: c.d who wrote (2268)3/28/2001 8:30:05 AM
From: READE SMITH  Read Replies (1) of 2316
 
We continue to trade at a huge discount to our numbers.

January's gross revenue was $1,507,369 (cdn). Assuming no growth for the year we have (x 12) $18,088,428. Divided by 48,000,000 shares outstanding we get $.376 per share or 1.3 times our current share price.
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