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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (38128)7/24/2006 9:21:01 AM
From: orkrious  Read Replies (1) | Respond to of 39344
 
I'm celebrating because my net worth just went up nicely. I also own calls. But you're right, the company is worth a lot more. It's clear the market thinks this is going higher. Current bid 15.20.

This also should put a bid into other juniors.



To: philv who wrote (38128)7/24/2006 9:42:07 AM
From: I_C_Deadpeople  Read Replies (2) | Respond to of 39344
 
I don't own NG at the moment but back of the envelope calcs:

Share of Donlin 8.5M oz
Galore 13.2Moz

For now ignore copper and silver etc call them credits.

That is 21.7M oz of gold (including inferred), at $1.29B buyout, that is about $60US per oz? $68 CDN or so?

Seems awfully cheap.



To: philv who wrote (38128)7/24/2006 9:52:11 AM
From: LLCF  Read Replies (1) | Respond to of 39344
 
They're getting a deal, no doubt... OTOH, Mr. Market is handing out LOTS of those at the moment. Maybe PM investors will wake the F&^K up?

DAK