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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (2352)6/18/1999 4:48:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4504
 
Hello Wayne,

<<any chance of a new estimate on valuation for MAN shares>>

I just moved my valuation range from $5-$6 to $6-$7. But this is discounting all expectations and additional positive news.

Any increase in the size of TG-1 or the oxidized cap, any presence of gold in the sulfides or any favorable results on TG-3 will move this valuation upward.

BTW, copper and zinc prices seems to be gathering momentum. Comex zinc inventories are again trending down. A surge in those prices also help the valuation model.

BTW, I think that the chances of a hit at TG-3 are excellent.