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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (681)3/9/1998 9:56:00 PM
From: Gabriela Neri  Read Replies (2) | Respond to of 2251
 
Hey Tomatoe, Hope you didnt buy the stock yesterday looking for 900 plus. Looks like the calculation might be a little different. What a surprise.



To: Mark Bartlett who wrote (681)3/10/1998 1:39:00 AM
From: Tomato  Read Replies (2) | Respond to of 2251
 
Mark,

I'm afraid I'm not up to speed yet. $50 million per meter...how do you calculate the number of meters? By length? If it's a pancake that's 1000 meters long and 500 meters wide and 2 1/2 meters thick, then how much is that worth? Or are you saying the whole anomaly is worth $50 million. If that's the case, it's less than $1 per WSP share, not something to get very excited about. Or do you mean $50 million times the thickness of 2 /12 meters, or $125 million? If that's the case, it's not something to get all that excited about. 68% of $125 mil is $85 mil. Divided by 37.2 mil. shares is $2.28 before figuring the cost or extracting the diamonds. If that's the correct figure, they better find a pipe or two. Kaiser estimated 2- 5 million tonnes and the valuations taken last year imply well over $100
per tonne - that would be $500 million. Any clarification would be appreciated.

Gabe- I'm glad to see you were able to post something here without touting MPV(IF) for a change. I see you published your MPV figures on Aber's thread last week. By now the whole world should be aware of your estimate of MPV's value.

BTW, James from MPV says you're friends with the Fidelity alumni group that holds a big stake in MPV. Let this thread know if they decide to pull out- the Trump 12 posters don't want to be the last out the door.