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

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To: a. paisley who wrote (2978)5/30/2002 3:52:04 PM
From: Fishfinder  Read Replies (2) of 3065
 
If you speculate that SJD finds another 100,000 oz in the southern zone to give them a million oz resource.
You get a in the ground price of around $10 oz at .70c as we are close to today.
if you speculate that we may also find another 1 mil oz at south benso then we are still at $5.00 oz in the ground.
I'm speculating we get 2mil. oz and therefore $2.00 a share will still only cover the resource at $20.00 oz in the ground.
FGX sold at ^%$%$ Ican't remember now? $60.00 or so. I know its been as high as $80.00
I'm not going anywhere soon with this one.

scott
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