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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE) -- Ignore unavailable to you. Want to Upgrade?


To: Rise who wrote (726)4/11/2000 12:01:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 1321
 
<<Do you still follow AQU.>>

Yes and I like it. Suggested it as a speculative buy a few months ago. Excellent potential. ANother one you may want to watch is NDE.

IWA, I think is overvalued. They need 2-3 millions ounces to justify the current market cap and they barely have over 1 million ounces. Hole #13 will tell a lot about their potential to reach this 2-3M ounces.

BTW, just take the time to compare it to Franciso Gold which has a market cap smaller than IWA, but more gold (2M ounces), much more potential and $35M in the bank.

I know realize that there are a lot more speculators playing momentum than there are investors buying value in the mining sector.