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Gold/Mining/Energy : International Gold Corp (IGCO) -- Ignore unavailable to you. Want to Upgrade?


To: Chuck Delo who wrote (21)4/26/1998 1:55:00 PM
From: Semyon Kuretsky  Respond to of 405
 
Robert,
in your msg # 14 you suggested that Bateman report would not have dramatic effect on the stock price....
I think, this company is grossly under followed.
So far the size of the deposit was just a rumor..

When report will be released and news will hit the wire
thing will change....
150mm tons of gold bearing ore...* 0.15oz/t * $50/oz (in the ground) / # shares = potential stock price (??? # shares and float)

It could be less by recovery rate factor published in the report
Time will tell
Any other opinion??
Thanks,
Sam