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Gold/Mining/Energy : Latitude Minerals LTU.V
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To: William Puget who wrote (262)3/10/1999 2:50:00 PM
From: M. Boldo  Read Replies (2) of 366
 
What would $400.00 gold mean to LTU. The numbers would be absolutely scary.

Heres a quick example-

Pan Deposit 1 Million ounces, even if production costs were $300.00 that would still leave $100.00

$100.00 x 1 Mill ozs = $100 Million

$100 Mil / 9 Mil shares = $11.00 share

Kinda scary when you think of the potential.
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