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Gold/Mining/Energy : Century Mining Corporation -- Ignore unavailable to you. Want to Upgrade?

To: pstad60 who wrote (257)	10/25/2006 9:00:06 AM
From: longjonsilvers	Read Replies (1) \| Respond to of 545

lets see: altho i realize that the company has missed forecasts before and that the market is waiting for them to make its forecasts before rerating the stock, how has this addition affected CMM's potential share price? 90,000 oz 2006 at 386$US with the pog of 700 going forward (my estimate) gives a cash profit sans poderosa for 2007 of 28million$US with a share count of 130million for .21$US/share. with poderosa we have, according to the company 90,000 plus the 38,000 (my estimate) for 128,000 ounces 2007 (without lamaque ore - because we are trying to evaluate the addition of poderosa to the value of CMM) with a cash cost (according to the company - should actually be a little higher without lamaque ore but....) of 331 gives us a cash profit of 47million$US and a share count of 150 million (ok, its just an approximation) for .31$US/share. thus roughly the value of each share of the company is 50% more (less the debt of course) because of the addition of poderosa. como esta eso para poder? heh heh now if the market will only think likewise. time will tell as always hi ho hi ho its off to work we go jon