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Gold/Mining/Energy : ECHARTERS

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To: Diamond Daze who wrote (2052)12/18/1997 1:09:00 AM
From: E. Charters  Read Replies (1) of 3744
 
After the 43rd brandy snifter any convention is fair game.

Stealth has 3 million shares out and has proved 100 million
tons of 14 dollar rock. Now if they mine that out in 15
years that is 93 million per year. Subtract 10 million dollars
for capitalization and you have a conservative 8.30 a share
earnings. This puts their value at $40.00 per share and they
currently sell for 70 cents. This makes it a possible buy.

echarter@vianet.on.ca
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