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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: Larry G. who wrote (984)6/19/1998 6:47:00 PM
From: David R Girotto  Read Replies (1) of 2577
 
I hope I'm right at this

(present) 5034 14 500 000 t 1.8 Ct/t at $55us/ct = $99us/t.

(past) 5034 14 500 000 t 1.5 Ct/t at $55us/ct = $83us/t

(TODAY)multiple 99us$/t by the resource of 14.5 M = app. 1.4 billion$

(yesterday) 83us$/t * 14.5 M = 1.2 billion $

Increase of app. 200 M $

36% of 200 M is 72 M divide that by 44 M shares of MPV= +$1.60/share

I think this is correct, if not,please correct me.

What ever the increase maybe, it will always be an increase.

dg
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