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Gold/Mining/Energy : Prime Resources TSE
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To: Robert who wrote (1)3/25/1998 10:00:00 PM
From: D Sung  Read Replies (1) of 9
 
Strangely enough, the stock went up by 25 cents today while the rest of the gold sector went down. It is also a huge silver producing company, the projected output for 1998 ( from their web site ) is 345,000 oz of gold and 11 million oz silver ( with a gold equivalent of 174/oz ), the company has 76,074,000 shares outstanding. So do your own calculations and decide on the book value of the company. I think it is trading at $10.30 or something like that.
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