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Gold/Mining/Energy : DRC Resources - Alberta, Canada diamond play, a shot at $$ -- Ignore unavailable to you. Want to Upgrade?


To: Gold Finger who wrote (23)2/14/1998 10:05:00 PM
From: MR_KASH  Read Replies (1) | Respond to of 83
 
Cross Lake (CRN.V) has in excess of 25 million shares outstanding which brings their market cap to a little over 28 million @ $1.25/share, Pure Gold (PUG.T) has 52 million shares which makes their market cap 52 million and Ashton has 26.2 million shares out making their market cap over 104 million! DRC with only 3.3 million shares outstanding and at a price of $1.10, their market cap is less than 3 and 3/4 million. Therefore with their strategic mineral claims in Timmins and their diamond bearing potential in Alberta they deserve a market cap of 10 million (CDN) or $3.50 dollars per share!!!