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Gold/Mining/Energy : Whitegold Resources Corp (WGO) Asset Rich, by any measure -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (288)3/16/1998 7:47:00 PM
From: max gibb  Respond to of 378
 
Now for the bad news...............another private placement.



To: Mr Metals who wrote (288)3/16/1998 8:15:00 PM
From: Mark Bartlett  Read Replies (1) | Respond to of 378
 
Mr. Metals,

Thanks for the PR posting .... things _are looking up.

MB



To: Mr Metals who wrote (288)3/17/1998 6:53:00 AM
From: Francis R. Biscan Jr.  Read Replies (1) | Respond to of 378
 
>>Projected Share Value

Shares issued 12,231,343
Project share value based
on 10% discount (after tax)
Net Present Value $2.87/share<<

Obviously, this study is extremely positive. The only thing that we do not seem to have a handle on is dilution going forward. It would be hard to imagine that, at the current market price, one would not make good money holding WGO. But, It would help ease some concerns to know where the dilution would end. Then we could arrive at a present value per share that is fixed.

Rich