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Gold/Mining/Energy : Central Pacific Minerals & Southern Pacific Petroleum
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To: PKFVA who wrote (19)7/4/1998 2:04:00 AM
From: Thomas M.  Read Replies (1) of 90
 
I looked at the figures in the Wilson report, and calculated their estimated value of CPMNY based only on the Stuart deposit. In 2002, this projects an ADR price of 41. From the current price of 7, that gives an annualized return of 55%. That's a pretty steep discount factor.

Tom
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