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Gold/Mining/Energy : Inco-Voisey Bay Nickel [ T.N.V] -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (511)10/18/1998 11:32:00 AM
From: Lorne Larson  Respond to of 1615
 
The most interesting quote in the various newspaper articles regarding
the Franco purchase was the following in the Globe:
".....Griffiths Mcburney's Mr Kellar says Frano-Nevada's share of future profits could be as high as $35-million annually if nickel prices improve and production proceeds at an annual rate of 120,000 tonnes."

Let's see - $35-million annually on 6.6 million shares is $5.10/share. If one applies a conservative P/E of 10, you have a share price of $51.00. I can wait 5 years for that. The big "if" is nickel prices.



To: teevee who wrote (511)10/19/1998 8:28:00 PM
From: buylowsellhigh  Read Replies (1) | Respond to of 1615
 
Okay,you got me! BUT!!!!!!!!! I told the thread that some shark was swimmin around this dead carcass smellin b-l-o-o-d.


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