SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Altair Nanotechnologies
ALTI 4.650+0.9%Dec 31 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John S. Baker who wrote (255)2/28/1998 1:28:00 PM
From: jas singh MD  Read Replies (2) of 603
 
Good afternoon John,

I think your post hits the nail directly on the head. The one comment that I would make is that when placing a valuation on a mining company, does one wait until product is actually being mined or does the valuation of the company change in relation to the potential of a property. In other words, if some intrinsic value is placed on a property based upon how well the jig can document it's ability to extract what was once considered to be unextractable ore, would that show up in the price of the stock in the near future, or will we have to wait until the project goes into full production. Keep in mind that in order to get this project off the ground will cost ~60-70 million dollars. Obviously, for a company like Altair to even consider a project like this, they will have to develop an alliance with an established mining firm. Therefore, at what point would you or anyone else suggest that the price of this stock will begin to move in relation to the potential value of the Tenn. property? Would an alliance be the trigger, or would we have to wait for actual production from this property? Would be interested in reading your thoughts.

Sincerely,

Jas
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext