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Gold/Mining/Energy : 1 Million oz. and up. -- Ignore unavailable to you. Want to Upgrade?


To: virginijus poshkus who wrote (36)1/17/1998 11:21:00 PM
From: Robert Dydo  Read Replies (1) | Respond to of 144
 
Very good company, trading below the resource's value. They have in fact 1M oz as Tabar Islands (750K)+ Chester(250). Their copper projects could generate profit(after capital cost) of $120M in next ten years. Girilambone is producing currently and Tritton is in feasibility stage. On the top of the mountain Ramu worth of $2 billion of pretax income(50%option) also in feasibility. 12M shares outstanding. Unfortunately for us(thread)the price is of 3.20 which you right, it is way too undervalued. This thread is dedicated for companies under a $1.00 with $1M in the cash account and 1M oz resource. Although I can't put this stock on our list surely the value makes a very good pick in my opinion.
Nord Pacific Ltd. (NPF-T)
For more info follow vargas to his thread. Useful link to the source:
nordpacific.com
Regards
Robert
For coming week:
GSL, TSO, OROP are the stocks that meet the criteria of "1 Million & Up".