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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Stockbull who wrote (2878)5/22/1998 4:25:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 34075
 
<< 6 mill oZ times a min of $100.00 profit per ounce, divided
by 100 mill shares. Looks like min $6.00 /share,and thats
just on proven reserves.>>

That is not the way it is done in the mining biz. Future earnings must be discounted.