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 : International Precious Metals (IPMCF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alan Vennix who wrote (848)12/19/1996 7:59:00 PM
From: Chuca Marsh   of 35569
 
As I remember, Bre-X was 50,000,000 Onces, and this compares to a
political UNCERTAINTY over there in Indo compared to Arizona as
a factor of 10 ( at least ) to the benifit of IPMCF. Thus, we are 200,000 Onces, which is again to the benifit side of IPMCF at a factor
of 4.
Thus, with calculators wizzing as he said, we multiply 10 Times 4=
40 Factor ( IPMCF ultimate value compared to Bre-X ultimate value).
I do not have the shares outstanding and 10 fold splite factors worked out---but would it be fair to take this springs Bre-X share price,
before the 10 for 1 split , and that was $200.00 USD then; and thus
MULTIPLY that by this 40 Factor above and resultant is $8,000 a
share for IPMCF.
That has got to be WRONG!!! O.K. use an above factor of 4 =$800.00 per IPMCF ...SHARE. That $700.00 in his earlier today post.... is ....R....I......G.....H........TTTTTTTTTTTTTTT!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News