United Keno Hill, UKH, Toronto**** Opportunity Knocks! Message Board

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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: Scripts who wrote (642)	12/7/1997 9:22:00 PM
From: Claude Cormier	Read Replies (1) of 1348

<< Thanks Harry and Brian. I was actually resonding to Steve's(638) post which suggested there were atleast for the moment producers in the pennies.>> There are indeed quite a few producers trading for pennies. The lowest price producer I know is Rea Gold trading fro $0.17. But the stock price doesn't really tell the story. You should instead consider its market capitalization. A stock list at $2.35 can be cheaper than a stock list at $0.17. Such is the case with Avino Silver and Rea Gold. Both are producers, but Avino has only 4.5 millions shares outstanding for a market cap of (4.5M X $2.35) roughly $10 millions. But Rea Gold has 120 millions shares out for a market cap approaching (120M X $0.17) $20 millions. CC

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