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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Al Collard who wrote (5866)1/7/2002 8:17:11 PM
From: jpthoma1  Read Replies (2) of 11802
 
What a day: 30% .

This morning, I decided to try to find out the real value of the of the 3,264,811 shares of Dios now held by SOI. Dios is a company created by SOI to hold the diamond properties of SOI. It will be spun off SOI later this month.

Dios also recently issued a prospectus and sold 3,286,580 shares at $0.30.

According to my calculations, today's closing price of SOI ($0.26) means Dios shares are now worth $1.36.

Not a bad deal!!!!!

For more on these calculations:

Message 16873000
Message 16873135

JP
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