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Gold/Mining/Energy : Winspear Diaminds (Bulls Board)

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To: Rocket Red who wrote (379)2/6/1999 3:51:00 PM
From: james flannigan  Read Replies (3) of 1172
 
Red another point we could make is that ddm shares are grossly undervalued.DDM is expected to post 1999 earnings of C$2 per share.If we take the long bond rate of 5% discounted,we get C$40.00 per share of fair value.If the market corrects the stock to fair value in one year,that works out to 135.2% rate of return,wich I find SPARKLING.James
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