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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (63395)10/17/2006 11:39:56 AM
From: hank2010  Read Replies (1) | Respond to of 313001
 
well, if they are going to quote gold in $ per ounce, it is a lot easier fer us old fellers to understand the value of an intersection when it is stated in ounces per ton.

do you know if your preferred assay descriptions would pass muster with the 43-101 police?



To: Condor who wrote (63395)10/17/2006 3:14:32 PM
From: Canuck Dave  Read Replies (1) | Respond to of 313001
 
Maybe we could get HSLATT the new standard.

Convert drill results into probable reserves, multiply by 10% of the current price of gold (or whatever) and divide by the number of fully diluted shares including options.

Compare that number to the current share price. One HSLATT equals 10% of the current stock price.

"Canuck Dave Mines (CDM-V) is pleased to announce the recent round of drill results below has indicated around 5 million tonnes of ore averaging 3 grams per tonne. With gold prices at $630 Canadian and 15 million shares outstanding, this implies $2.25 a share of added value. With yesterday's closing price of $10 this implies a HSLATT value of about 2.2 ."

Buy!!!!

CD