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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII)
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To: csm who wrote (198)12/15/1998 8:34:00 AM
From: Mario Gallant   of 406
 
Stuart

To me everything looks good except that i thought Mond had approx 35.7 mil shares out. Can you or anyone else confirm this number of 28.6 mil.

Regardless what the exact numbers are I couldn't agree more that the price of these shares are grossly undervalued at 0.50 per share. I think that sales for 98 should reach 120 mil since all they need is approx 32mil in sales for Q4 which is historicaly a strong Quarter for them.

Mario.
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