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Gold/Mining/Energy : Cross Lake Minerals CRN -- Ignore unavailable to you. Want to Upgrade?


To: dean poets who wrote (1059)1/3/1998 3:16:00 PM
From: dave brown  Read Replies (1) | Respond to of 3650
 
Ok, lets use 1% Copper and I still come up with $15.78cdn a share. Using Cross Lake map and drill holes reported to date, I have this thing wide open in many directions so why limit to 20 million tons. Let use 30-40-50 million tonnes and see how the numbers look. The point is, its too early to make these assumptions. At this time anyone can play with the numbers to prove their point. A lot more drilling is needed to pin down grades and tonnes, thus making CRN a good speculative stock. Keeping in line with the Chief's comment.