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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC)
AMC 2.580+1.6%Oct 31 3:59 PM EST
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To: Berry Picker who wrote (341)6/1/1999 11:13:00 AM
From: Elizabeth Andrews  Read Replies (1) of 397
 
It costs (total money raised) anywhere between C$600k and a million to get a company listed on the VSE. AMC has a cash deficit of C$400k and 22 million shares issued. That works out to about 3 cents per share if you use one million.

If it can only double from 15 is that good enough to accept the risk that it can fall to 3 cents? Most VSE companies, in my view, get zero value for property and management. So shell value is the starting point.
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