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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ed Ajootian who wrote (20821)3/25/2003 7:58:53 PM
From: Raymond Duray  Read Replies (1) of 206131
 
Hi Ed,

Thanks for the link. :)

Considering the exchange rate, the bare bones "production cost" would seem to be around the USD 6.00 that was mentioned.

Lets add feedstock cost, financing cost, environmental remediation cost, calculation of API fraction discounts, transportation costs and things look different.

Somehow, my impression of the slide show and verbal presentation by the stock promoter, er, production company, reminds me a whole lot of the "rosy scenarios" I used to read about telecommunication infrastructure companies. Long on optimism, short on facts. :)

I'll wait for the third party research before reaching a conclusion.....

Cheerio!
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