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Strategies & Market Trends : Ride the Tiger with CD

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To: LoneClone who wrote (130306)	9/8/2008 7:52:21 PM
From: loantech	Read Replies (1) of 313022

< as evidenced by those who have a market cap under their cash holdings> LC you are a statistician you think you can help and others too with names of companies that have a 43-101 resource along with a lot of cash? RIC has about 24,036,000 shares and around $35,000,000 in cash and they traded today at about 2.26-2.30. So cash of 1.45 per share and selling for 2.30 leaves their 1,129,000 ounces of gold and plant and equipment at 85 cents a share. Taking away the cash at 18 dollars an ounce in the ground incl. the inferred.

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