Major drilling TSE-MDI Message Board

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Gold/Mining/Energy : Major drilling TSE-MDI

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To: david bell who wrote ()	2/13/1997 8:59:00 PM
From: Peter	of 71

Hi,there: This stock is definitely worth watching. Now a lot of juniors have millions of cash. A portion of it will definitely be spent in drilling and exploration. And this kind of activity will carry on no matter gold price is rising or falling. The other reason is that is has a low p/e ratio and high growth rate. with p/e to be only 11 and last quarter growth rate above 50%(I don't remember the exact number), it is definitely undervalued. The only problem is there are not a lot of shares available. you can't buy a lot without driving up the stock price. But that also means when there is good news, where this one goes. Happy watching or buying.

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