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Strategies & Market Trends : Ride the Tiger with CD
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To: Canuck Dave who wrote (9713)6/26/2004 12:56:29 PM
From: kidl  Read Replies (1) of 312267
 
CD ... XRC ... Why a dog?
Unless memory fails me, they have about 750,000 indicated and inferred at Cabeza which should go into production next year. At the current share price this translates to about US$7/oz not counting their cash and other projects.
Isn't that a rather conservative valuation?

kidl
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