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Gold/Mining/Energy : Pacific Western Credit-PWC-Toronto -- Ignore unavailable to you. Want to Upgrade?

To: Denim who wrote (16)7/10/1998 11:13:00 AM
From: wampum  Read Replies (2) | Respond to of 24
 
We are probably looking at fifteen cents per share earnings. The private placement has given the company cash to grow and probably double the business. Projected share price for one year from now is five dollars. Ninety one percent of the business is with governments so there is little risk in their loans.



To: Denim who wrote (16)7/10/1998 12:08:00 PM
From: pavlov 1  Respond to of 24
 
EPS for this company are not what is driving the stock, because they are negligible. What is driving it is its tremendous growth, and the track record of take-overs by the banking industry. At $300,000,000 in assets, it is a take-over candidate. It's not too bad being alone, at the beginning, because we are collecting shares. Later, we will be real busy and selling them our shares. Thanks for the info on the web site. Cheers.


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