Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD) -- Ignore unavailable to you. Want to Upgrade?

To: Robert A. Sutherland who wrote (3)	2/9/1998 9:24:00 PM
From: Stallion	Read Replies (2) \| Respond to of 393

Up 22% on the day and still wants more... If this company will recover 1.5million ounces at $50 profit per ounce, this equal $75million profit over next 10 years or $7.5million per year. With 22million share o.s., roughly 40cents EPS. These estimates are very 'back of the envelope'. At a 25x P/E multiple, CBD's shares could trade upto $10 per share. By when? Who knows.... Any ideas?