Central Asia Goldfields M.CGZ Message Board

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Gold/Mining/Energy : Central Asia Goldfields M.CGZ

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To: Winer who wrote (9)	1/22/1997 10:10:00 PM
From: lama	Read Replies (1) of 458

Perfect time to pick up more shares at these prices. I'm not sure if you follow KRT but, when it was $1.35 people were waiting, not sure for what. Today the stock is halted and everyone wants to buy. CGZ will be in the same situation because of what they have. Let's do the numbers together, estimated 7 million oz. at say $50 per oz (which is very low considering gold is $350 and cost of production is $200) on 12.4 million shares. I get $28 per share. I challenge anyone to show me that I'm wrong with these numbers. If you check the last news release you can see that the estimates are coming at 10% better that estimated. Also the company is going on a show tour visiting 5 US brokerage firms and are doing other promotions. It should start very soon, perhaps when Tom Griffis returns from London.

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