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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: Letmebe Frank who wrote (1419)10/21/1998 10:01:00 PM
From: maintenance  Read Replies (2) of 2251
 
If your putting money in these stocks don't assume my calculations are right, check them. In my first post on Aber's NPV I stated a carat value of 56 and a ton value of 199 ( US$ figures) yet I stated costs in $C. Nobody who read it, including me, noticed. The calculation was not wrong. To correct it all I did was change the US$ amount of 56 to the C$ amount of 87. By the way it also changes the payback period. If someone tells me about a mistake, or something that doesn't make sense, I'll post the correction. The calculation is very easy if I can get the numbers. I noticed that Hainey used a cost of $30/ton for Diamet, I think I will try it with a higher cost.

Cheers
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