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Gold/Mining/Energy : A "A" list of JR gold mining companies -- Ignore unavailable to you. Want to Upgrade?

To: rainman who wrote (4)	9/12/1998 12:44:00 PM
From: Stephen O	Read Replies (1) \| Respond to of 169

You should focus on producers only. Look at Share Price to Cash Flow, Market Capitalization per ounce of Prodn and per ounce in reserves Let me suggest BLACK HAWK MINING BHK on TSE Price is 20c CDN Total Mkt Cap is $22.8 million. 2 producing mines Cash flow in 1998 expected to be 8c a shr P/CF 2.5 1998 prodn 118,000 ounces Mkt Cap:Prodn is $169 per ounce Proven reserves 800,000 ounces Mkt Cap:Proven Reserves $28.5 per ounce Mkt Cap:Resources $15 per ounce This is one very cheap stock. Credibility Dundee Bancorp owns 28 million shares