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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: Gabriela Neri who wrote (1085)7/23/1998 9:08:00 PM
From: wenderson  Read Replies (1) of 2577
 
Gabriela...If and when your intellect returns to you could you please share with me some input on the following:
Conservative estimate of $ value in ground is $4 billion, less half a billion to get the darlings out of the ground, leaves us with a company worth $3.5 billion. If you subtract other interests other than minority shareholders such as Debeers this leaves $1.3 billion. After taxes $700,000.00. Divide that by 45 million fully diluted shares and this leaves a share worth $15.50. Discount time value for waiting on the mine and you are at roughly $13.00 bucks a share. This does not take into account a TSE listing, the fact that $4 billion is a conservative #, and the potential for other pipes and or other deals in the making. So, bearing in mind all this drivel, even taking into account the horrid condition of the markets and all, why on earth are we sitting at 3 measly bucks? Buy now folks...this K-Mart flashing blue light special is almost over! And what is this jiberish on the Winspear thread about MPV gonna double within 5 to 10 days? Talk to me Gabby, what's going on out there??? I can see my banker rolling out the red carpet now! Regards, wenderson
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