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To: Scripts who wrote (642)12/7/1997 2:39:00 PM
From: Brian Gerbozy  Read Replies (1) | Respond to of 1348
 
Here you go, two in the pennies, lifted from another thread:
ScotiaMcLeod Silver Report from Oct 16, 1997

Of course they review the supply, demand, inventories etc and come to the
obvious conclusion that silver is setting up to soar big time.

They discuss each of the major silver stocks and have an interesting table
showing how much each SHARE of each company analyzed should rise
with each ONE dollar rise in the price of silver.

Company........................$Share................Rise/$1 Ag

Pan American......................7.40.................$5.82

First Silver Reserve........... .78...................$0.28

Avino Silver Mines..............1.90.................$1.41

Silver Standard................... 3.81.................$3.87

Hecla.......................................5.75.................$1.95

Coeur.....................................14.25.................$3.01

Sunshine................................. .81 ..................$0.30

Brian



To: Scripts who wrote (642)12/7/1997 9:22:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 1348
 
<< Thanks Harry and Brian. I was actually resonding to Steve's(638) post which suggested there were atleast for the moment producers in the pennies.>>

There are indeed quite a few producers trading for pennies. The lowest price producer I know is Rea Gold trading fro $0.17.

But the stock price doesn't really tell the story. You should instead consider its market capitalization.

A stock list at $2.35 can be cheaper than a stock list at $0.17. Such is the case with Avino Silver and Rea Gold. Both are producers, but Avino has only 4.5 millions shares outstanding for a market cap of (4.5M X $2.35) roughly $10 millions. But Rea Gold has 120 millions shares out for a market cap approaching (120M X $0.17) $20 millions.

CC