SI
SI
discoversearch

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 : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (100)5/12/1998 7:15:00 PM
From: the Chief  Read Replies (1) | Respond to of 1996
 
Hi MM. realistically, I think there is already about .10c built in on the share price for the BC lawsuit. Therefore assuming a discount from full NAV of about 20%. I think a total of $1.30 for a $15,000,000 settlement would be realistic. However that is also not looking at any further progression in the property, prior to the settlement. My bet is we will reach $1.00 on short term drill results and $1.80 on settlement.

Obviously bullish on Rock!!!!!!

the Chief