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Gold/Mining/Energy : Pinetree Capital-PNP-CDNX -- Ignore unavailable to you. Want to Upgrade?

To: Professor Dotcomm who wrote (41)12/13/1999 3:48:00 PM
From: the Chief  Read Replies (2) | Respond to of 233
 
BTW - if LUMM goes up (or down) $10 this represents $1.50 per PICA and $0.83 per MNTX.

Just to clarify....True, but $1.50 off of the full Asset value of the company which is discounted by over 60% , not the existing shareprice.

the Chief



To: Professor Dotcomm who wrote (41)12/13/1999 3:49:00 PM
From: Buckey  Read Replies (1) | Respond to of 233
 
I agree and the similar stock I like to compare PICA to is WLO - they own SYD.U and had q:esft but apparenetly unloaded their positin - They have INOW also - I got their value pegged somehwere around $5 and they trade just over $3.

However - It is a good way to load up your RRSP with CDN stocks that are really US tsocks but you run no risk of %age requirements.



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