Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (3746)	8/23/2001 1:43:22 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 206325

Wasn't thrilled about the production declines but decided to hold on to my EEE, at least for now. The Nova Scotia properties are a huge wild card.

To: Razorbak who wrote (3746)	8/23/2001 9:28:34 PM
From: Razorbak	Respond to of 206325

EEE Valuation Metrics (Revised) Upon more careful examination of the Canadian 88 earnings release, it appears that I incorrectly assumed that the numbers were reported in US$, like many international oil companies do, when the numbers were actually C$. (Doesn't specify anywhere on the PR, but C$ seems to be the only intuitively correct currency, given the commodity prices listed.) Therefore, I have revised my earlier valuation metrics as follows... Current Stats ------------------------------------------------------------------------- Market Cap: US$201.8 million Share Price: US$1.59/share Q2 Cash Flow: C$0.16/share X 4 / 1.56 (Annualized = US$0.41/share) Q2 Earnings: C$0.05/share X 1.56 X 4 (Annualized = US$0.13/share) P/CF (Q2 Annualized): 3.9X P/E (Q2 Annualized): 12.2X Apologies for the error. Razor PS - Bet my Talisman calcs from yesterday were off, too. (Off to check now.)