Carbite Golf Inc. Vancouver-CAB Message Board

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Gold/Mining/Energy : Carbite Golf Inc. Vancouver-CAB

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To: Andrew who wrote (51)	2/5/1997 2:34:00 PM
From: Codfish	of 209

No Andrew, no news. I just believe that this stock has begun showing up on various radar screens. At $2.25 and (guessed) earnings of $0.075/shr we are trading at a multiple of 30 on 1996 trailing earnings. With 1997 looking good, maybe we will see 1.5 or 2 times the earnings. With the same 30 multiple, that's $3.32 - 4.50/share. Relatively few shares + Actual sales + profit + a bright future = $$$$ over and out for now Bill

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