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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (92496)7/18/2001 11:52:48 AM
From: Frank Pembleton  Respond to of 95453
 
Kastel, still hold my 23000 share position in MAE. It's been difficult to say the least, it dropped below the $1.00 mark and I have an average buying price of $1.30

I still see this stock as a 2 bagger even at $270 gold, if you factor in the cost of the gold in the ground (reserves) and MAE market cap.

I do realise it's highly speculative, and they do have a 50% partner in the property. If I had the chance to do it all over again, I wouldn't. :)

Regards
Frank P.