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Gold/Mining/Energy : Winspear Resources
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To: Rocket Red who wrote (16969)3/26/1999 8:26:00 PM
From: marcos  Read Replies (3) of 26850
 
Oh, whew ... no marketing problem then -g- ...... can we figure on a minimum of 15 grids holding an average of 2m true thickness?? .... i think we can, fairly conservatively .... and that makes it 15mil tonnes ..... run that through your calculator times 300US$/tonne valuation [as good a guess as any at this point, imho], then times .1 to get a real rough NAV market cap for wsp - 450milUS or 660milCdn ... divide by 37mil fd = 17.83Cdn

A five-bagger from here.
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