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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: teevee who wrote (21939)6/25/1999 3:07:00 PM
From: SwampDogg  Respond to of 26850
 
That is what I wanted to know...it is very close then.
Thanks



To: teevee who wrote (21939)6/25/1999 3:28:00 PM
From: .Trev  Respond to of 26850
 
Here we go building for a strong close to the week!
You gotta admit it's been an interesting 30 days.
There was only one day in the last 30 I believe when the 40 day moving average went down, on ALL the other days it went up or remained unchanged. Infact it has risen from $3.78 on May 21 to $4.16 on June 24, and will almost certainly be up again to-day..

IMHO We've only just begun!

Cheers.



To: teevee who wrote (21939)6/25/1999 3:35:00 PM
From: marcos  Respond to of 26850
 
Since it's guesswork at this point in any case, and since numbers make my brain hurt, i'm just sticking with the conservative figure of 15mil tonnes that i hear the MRDI report will deal with, and a conservative valuation of $300Cdn/tonne.

15mil tonnes x $300 = $4.5bil.
$4.5bil x .10 = $450mil .. [10% of deposit value for NAV]

$450mil divided by 40mil shs out = $11.25/sh

That's a two-and-a-half bagger from $4.50 .... good enough for a start -g-



To: teevee who wrote (21939)6/27/1999 11:19:00 AM
From: EIGHT-N  Respond to of 26850
 
i don't know what you just said but if you mean they'll chisel out that 100 carat monster in the next sample i'll be right beside you pompoms and megaphone in hand.