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Gold/Mining/Energy : waterfront capital- wcc (ase)
WCC 285.37+3.3%3:59 PM EST

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To: rock who wrote ()6/14/1997 11:39:00 PM
From: rock   of 25
 
Vertas
Welcome onboard. You have made a very good buy at 29cents as it represets the b.v. according to the latest year end report ended
December/96. WCC made $0.03 per share on $1.5MM of trading revenue.
It shareholder's equity is $6.4MM on 17MM o/s shares or 22MM on a fully diluted basis. Debt is vertually neglible -$355,042. Its a debt free company with a $ 5.8MM investment portfolio. It paid $0.10 -0.15
for Columbia Yukon : approx. 4MM shares of CYR.
Call WCC for the latest annual report. You will be surprised the value you get from WCC at todays price.
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