To: Mr.Staya who wrote (8181 ) 12/15/1997 3:32:00 AM From: Don craig Respond to of 14627
Shirley: It appears from the numbers that David, yourself, and others have been crunching, we currently have a value that relates to share price of between $8 to 12$. It should be noted that these prices are not taking into consideration of mining costs. Even at that, it is pretty obvious that the share price is way below its true value. So whats it gonna take to get the price back up to where it belongs. Based on the $8 to $12 figures, can anyone tell us what the mining costs might be. That will then give us a true value of share price. Remember what I have been saying all along about the charts looking strikingly familiar to last years. We gaind around .40 cents last week, and I look forward to another .40 cents this week. Is this the time of year they like to do some promoting? We found out last year, when promotion began and the share price began its upward climb. I think it hit $4 bucks late in Dec. or early Jan. Will the trend continue? I seem to think so. I also don't believe we will have to wait past this next summer, for some activity by Mr. Munk. I'm sure by then they will have a pretty good idea as to what the minimum will be, and also what the potential may be. Do you forsee ABX doing anymore drilling than they have to, for the benefit of PFG. I think not, therefore I expect a buyout offer by summer this year. Does anyone agree with these predictions? If so, lets hear from you, and see what others thoughts are. Then again, I thought someone mentioned once, that ABX initially wanted to JV with Arequippa. Is this true? Maybe they would be quite happy to do a JV with PFG, and save there money. Afterall, they would have to give up only 30% of their profits. Bottom line, my opinion is that this puppy is going much higher over the next 4 5 months. Good Luck Don PS: Gold is currently trading just over $283, and Silver is just aroun $6.