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Gold/Mining/Energy : AURIZON MINES LTD ARZ.t
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To: MICHEL GUIBERT who wrote (3)4/7/1999 12:45:00 PM
From: MICHEL GUIBERT  Read Replies (3) of 227
 
If Casa Berardi is really a blue sky, how high can we expect the stock will go ?
Right now in my opinion 60 cts is low, but many mines are very low.
Can we calculate 750 000 oz * $50 = $ 37 500 000 / 50 mm shares = 75 cts
so the stock will value 60 cts + 75 cts = 1.35, based on reserves only
If they have an interesting production price, the stock can go higher.
Any other way for calculation ???????
MG
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