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To: pater tenebrarum who wrote (94716)4/16/2001 3:23:24 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
They are now 45 cents at the dollar and are quoted in CD. Some one before posted the quote to me.

Proven reserves are around 10,000 onces cost $200 so you have around 50 x 10,000 =$500 million value.

Deduct around $150 mill in debt and you get around $350 million value.

At present gold prices, to make some profits it is worth wile to buy around at 25 to 30 cents on the dollar.

quote.yahoo.com

Haim