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Gold/Mining/Energy : WWS.T World Wide Minerals

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To: Ray Emery who wrote (616)11/24/1998 6:20:00 PM
From: tango  Read Replies (1) of 784
 
i think the market is telling you the chance of a settlement. Last trade .035!! Good job. i can imagine the firm is wishing they did the .40 rights offering now. Spot uranium closed 8.75 today. Cameco just cut 40% planned production in 99. If you look at the uranium market, the finances of this company, the prospects for their"gold play" and the fact the only chance of survival rests in the KAZ gov't, you would see that this company and its pathetic 2m market cap is still over valued as it is really worth 500,000. the value of a shell. I believe we will see a penny. Don't tell the company though, they are too busy giving the shareholders the usual bullshit. "we are actively looking at opportunities" why doesn't dundee buy the whole company for 2m? that is nothing compared to what ned goodman has pissed away this year on his other shitty deals.
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