St. Jude Resources......V.SJD Message Board

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Gold/Mining/Energy : St. Jude Resources......V.SJD

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To: Fishfinder who wrote (2959)	2/13/2002 1:48:05 AM
From: AH	Read Replies (1) of 3065

Correction to PM: I forgot to adjust the value of the gold in ground by the percentage of their rights to the property. CAN$ 0.74 must be multiplied by 0.49 or 0.65 (they can buy additional 16% for US$ 0.8 mil), which gives CAN$ 0.35 or 0.46. The second option lowers their cash position to ~0.17 per share for the total of CAN$ 0.63 per share without any credit for plastic and natural gas BS. Anyway, these are just numbers, results of simple estimates. Of course, everybody has to make his own decision regarding ownership of the stock. I am getting a headache. POG is drifting lower. -$1.9 now.

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