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Gold/Mining/Energy : WWS.T World Wide Minerals

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To: Targetzero who wrote (360)3/10/1998 11:20:00 PM
From: tango  Read Replies (1) of 784
 
remember that the kaz situation was not to be settled in weeks as some said. If you look at the est. revenues and profits from mongolia, the buyout which they issued stock for was worth about 4m but the value in stock was only a little over a million. this deal was based on the value of the stock being about a buck. updated numbers indicate the 10 year life of mongolia should yield the company 350,000,000 in present dollars with after tax profits of 74,000,000 their end for a return on equity of 39%. If you are looking for the quick play, move on, this isn't for you. This will take time.
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