Ride the Tiger with CD Message Board

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Strategies & Market Trends : Ride the Tiger with CD

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To: Condor who wrote (63395)	10/17/2006 3:14:32 PM
From: Canuck Dave	Read Replies (1) of 313050

Maybe we could get HSLATT the new standard. Convert drill results into probable reserves, multiply by 10% of the current price of gold (or whatever) and divide by the number of fully diluted shares including options. Compare that number to the current share price. One HSLATT equals 10% of the current stock price. "Canuck Dave Mines (CDM-V) is pleased to announce the recent round of drill results below has indicated around 5 million tonnes of ore averaging 3 grams per tonne. With gold prices at $630 Canadian and 15 million shares outstanding, this implies $2.25 a share of added value. With yesterday's closing price of $10 this implies a HSLATT value of about 2.2 ." Buy!!!! CD

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