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

To: Kenny who wrote (2913)5/22/1998 6:40:00 PM
From: Cytotekk  Read Replies (1) | Respond to of 34075
 
You need to read all of todays previous posts, it is worth it.

Claude Cormier estimates share value at $2 - 2.50/share other estimates place value at $96.00/share. This is based on 6.4 million ounces of proven gold, (purity not established). The figures are all over the ballpark.

At 1/3, this stock is a bargain even if we only get to $1.00, and I am no CPA. Great gain requires risk at some level, this is a comfortable risk level for me.



To: Kenny who wrote (2913)5/22/1998 8:29:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 34075
 
<< With 6 million troy onunces of gold for profit ($50/ounce), how much is the real worth of this company per share as of today? >>

I'dsay between $200M and $250M...that is how the market is pricing non producers right now. Once the production is on and infrastructure is in place, $300M and a bit more.


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