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Gold/Mining/Energy : Northern Crown Mines (NCW-V)

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To: Kevin Vickers who wrote (291)3/30/1998 11:58:00 PM
From: Claude Cormier  Read Replies (2) of 349
 
<< How do you see this thing unfolding. Any rough
estimates as to value per share with the scenarios outlined in their release. >>

I think they are actively looking for a JV partner and may find one. The property has potential for a junior or mid-tier with cash.

As for where the stock will go, well for sure near $2 if they can prove these additional ounces. But if they stay at the 200-300K ounces level, $0.50-$1.00 with higher gold prices.

Again, all will depend on what direction they take. The worst that could happen, IMO, is a financing near current level.
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