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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (62410)11/30/2008 10:44:08 AM
From: loantech  Respond to of 78407
 
Thank you Marcos I just printed the article and will get to it later today.WDO a possible triple eh?
Tom



To: marcos who wrote (62410)11/30/2008 2:26:55 PM
From: loantech  Read Replies (1) | Respond to of 78407
 
Hello Marcos,
I did a quick look as I have looked at WDO several times and owned it once. These numbers are rough:

WDO 107 MIll shares FD = MC of about 75 mill.

RIC 24 MIll shares FD? = MC of about 31 mill.

WDO cash and Gold about 15 mill.

RIC cash and other assets 29 mill.

WDO will produce about 90K ounces.

RIC will produce about 65K ounces.More in 2009

WDO cost to produce in CND about 645.

RIC cost to produce in CND about 615.

WDO gold ounces all categories 2.95 mill. + 1.04 at mishi

RIC gold all categories 1.68 mill less

So WDO has more than twice the ounces.

I guess it is the gold in the ground that gives it the edge in MC.

What do you think between the two?

Tom