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Gold/Mining/Energy : Cantrex CXN
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To: Vince who wrote (1)6/13/1997 2:34:00 PM
From: M. Merriam   of 13
 
Hi Vince. I now own some shares and have received the annual report. I am very optimistic about Cantrex and am thinking of picking up some more. The book value is around $7/sh. The earnings figure is after writing off goodwill (which is a non-cash item), so I figure that the 'real' earnings is more like 0.45/sh. --Mike
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