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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Whipsaw who wrote (1474)11/24/1997 8:29:00 AM
From: Lord Smooth  Respond to of 4571
 
Yes, you are correct. Thanks. That is what all should be doing. Double checking everything we see here. Also, that little calculation doesn't take in account any equity interest in the J.V. If the stock is $2-3,that implies BCMD is mining some amount of gold. The stock won't be above $0.30 unless there is gold. So perhaps that calc. not practically relevant, though for me anyway it is illuminating.