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To: posthumousone who wrote (171592)	6/10/2002 2:42:13 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Good news on KGC/TVX/ECO...fairly complex structure, so I can see why they're having a little trouble reopening 'em.

To: posthumousone who wrote (171592)	6/10/2002 3:05:21 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

My thumbnail projections on this are that the new KGC will have about 650 million shares out. If they can produce at $200/0z, estimating a POG of $300/oz and 2 million ozs in production over the next year, yields income of $200 million, or 30 cents/share. That gives them a forward PE of 7 or so, looks like a buy to me right here. Doubled my position in KGC at 2.07 today.