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


To: Little Joe who wrote (1004)4/26/2000 10:25:00 AM
From: Claude Cormier  Respond to of 1321
 
LJ,

There is no doubt that this new discovery has excellent potential. But before claiming $10 per share and 5-6M ounces, it is better to stick to the facts. And these are the current drill holes which, although very good, are indicating an initial resource well below 1M ounces.

Also, it is important to know that several other companies with great deposits of 2-4M ounces are selling for much lower than IWA is. The difference is that IWA is currently hot and being promoted. Others have cooled down since their dicovery.