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Gold/Mining/Energy : Strathmore Resources - SMR - A uranium play
SMR 32.46-14.4%3:59 PM EST

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To: Don Coulter who wrote (19)11/17/1996 4:28:00 PM
From: Dan P   of 162
 
Don:

Yes as far as I can tell, this is a new addition to the portfolio
of properties. To extrapolate from your numbers, this calculates to
about U.S. $1.12 of share price/lb. of Uranium. USEG is at about
$3.50/lb and Uranium Resources, at about $4.

So we could expect a triple from these levels. This doesn't even
take into account the addition of other properties.

Regards

Dan
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