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Gold/Mining/Energy : Canmine resources -- Ignore unavailable to you. Want to Upgrade?


To: Marshhawk who wrote (2700)9/12/2000 6:53:36 AM
From: Ralph Kern  Respond to of 2769
 
Shares of CMR will trade on expectations not on fundamentals. Doesn't mean that fundamentals aren't important, just at this stage of the game they are not relevant. If as shareholders we knew the present values of future cash flows from the refinery, we could then decide what to pay for the stock. Current trading of CMR ignores these facts.