Major General--MGJ Message Board

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Gold/Mining/Energy : Major General--MGJ

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To: hedger who wrote (761)	11/3/1998 9:04:00 PM
From: donkeyman	Read Replies (2) of 1707

I saw somewhere the other day where one of the boys on a tread took a companies gold discovery and calculated the value of its shares based on their gold deposit alone. Has that been done for the Major on their gold deposit in the area of Springdale, Newfoundland??? ie. Based on the Current Market value for gold, Approx.production cost in the area, volume (# of tons), Number of Grams per ton (quite high), # of shares Major has, etc. etc.!! It would be great to hear that figure.!!!

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