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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?

To: john who wrote (3474)6/13/1998 6:49:00 AM
From: Gabe Heti  Read Replies (1) | Respond to of 4718
 
John,

Even if you want to use $25 per ton, you must admit that that's US$25, making it $35 Canadian. With 38 million shares out, fully diluted, that makes it worth 6 cents per share, not .04 cents per shares as you stated.

A valuation of US$50 or Can$70 per ounce is closer to currently accepted valuation, making the value of the non-Creek zone resource at Toodoggone 12 cents per share.

Gabe


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