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Gold/Mining/Energy : Oroperu Resources, Inc. OROP (CDN)

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To: Richard L. Miller who wrote (49)1/29/1998 9:16:00 PM
From: Terry Rose  Read Replies (1) of 154
 
Richard L. Miller:

One of the main reasons that I invested in Oroperu was the Nueva Condor mine. The mine has been independently valued at US$ 16.5 million and is now in production with estimated 1998 profit of 2 million US$. The adjoining 30,000 hectares are the wildcard and will eventually be explored, so at this point of time no price has been discounted by the market for this asset. Add in 50% ownership of a 2 million ounce and growing gold deposit at Tres Cruces and what you have is an undervalued junior exploration/developement mining company. This is a good stock to get your feet wet in. Welcome to the party.

Terry,
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