SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Markham who wrote (158)6/2/1998 2:52:00 PM
From: Robert Dydo   of 350
 
I don't think that would be the best plan. With low POG even the best valuation will be a low value. They have plenty of time put this property into production, they have good hedge for this year and no decision has to be made for Golden Bear 1999 production till spring 1999. Even if they take a debt for Bellavista, they have enough credibility to get it with their fundamentals. Still having some $8M of working capital puts them in small group companies to get through this tough times in one piece. Patience as much as overrated is very applicable for this stock.
Robert
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext