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 : Golden Star Resources Ltd. - A Potenial Ten Bagger

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Murphy who wrote (17)8/22/1998 1:52:00 PM
From: Dave Gahm  Read Replies (2) of 44
 
Awful quiet here on the "ten bagger" board....I suppose everyone has either sold GSR, or if still holding are too depressed to post.

Is it possible we are at a bottom here? I have to believe GSR has assets worth far more than $1 a share even in a worst-case scenario. In a best-case higher POG scenario, clearly that "ten bagger" potential is easy to imagine from todays price.

Can anyone comment on the worst-case potential? What would be the likely outcome if the POG continued to slide and GSR burns through their cash? Any thoughts on the fire-sale value of the 30% Omai interest?

Regards, Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext