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Gold/Mining/Energy : Stampeder Exploration
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To: Bobby Yellin who wrote (14)7/29/1997 1:56:00 PM
From: Mark Kubisz   of 37
 
I don't understand why SDX is only trading at $6.85 a share. If Gulf is offering about 0.7 shares for each SDX share and it is trading about $10.10, then SDX should be trading about $7.05. The only explanation I can come up with is that the market is now treating SDX as a proxy for GOU and that it is forecasting a further decline in the price of GOU. Comments, anyone?
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