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Gold/Mining/Energy : Kinross Gold
KGC 24.38+0.7%Nov 21 9:30 AM EST

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To: Sam who wrote (210)10/16/1998 4:04:00 PM
From: Sam  Read Replies (1) of 530
 
I just looked up La Teko,and they have fully diluted 30,million shares ,its costing us ,i believe 1 for 2.75.off the top here about 12m,kinross , LaTeko have 30% of one mine which has 1.3 million ozs and 45% of another that has .8million ozs
Using the old rule of value infared proven 25 dollars per oz,and drill proven at about 80 bucks todays prices,I would have to read back to see how they come to those figures
sam
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