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Gold/Mining/Energy : Games Trader

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To: John Paquet who wrote (56)3/31/1999 7:55:00 AM
From: moishe  Read Replies (2) of 1239
 
Good morning John,

Now, let me throw out some numbers here. Let's assume that Yorkton is right and GTR earns $0.22 per share for the year ending today. If the stock traded at 20 times earnings that would be $4.40, right?

Now let's assume that there e-commerce gets off the ground and they get, let's say 50% of BII's market cap for there e-commerce initiative. That would add another $375 million to their market cap. GTR has 25 million shares outstanding, so that means another $15.00 per share, for a grand total of $19.40....$19.40....

I know I may only be dreaming here, but can they pull it off you think?
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