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Gold/Mining/Energy : Porcher Island Gold, PIG.V new mine's value
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To: Jerry Dibble, Sr. who wrote ()4/9/1998 7:03:00 PM
From: Jerry Dibble, Sr.  Read Replies (1) of 12
 
Thanks for the input on PIG. Others have advised that the resourcce values could easily be $5/oz. for Silver and $.80 for Copper. Further, that $30 to $50/tonne could be used for the "other minerals category. If these values are used for the resource calculations, the mine's worth is $117 Million US. With 8.5 million shares, the value per share becomes $13.76 and is still very conservative. Many thanks for the input. JD
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