Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: maintenance who wrote (1402)	10/20/1998 9:12:00 PM
From: bill	Read Replies (1) \| Respond to of 2251

There's a lot of thrashing around on the WSP thread. Obviously, whatever is driving the price has not been leaked to anyone who is posting. My guess is that something fundamental has changed. Look at the volume on no news. ABZ is down. Howsthat? ABZ people selling their shares and buying WSP? There was one million shares traded earlier but the price went down. Buying a few days later in anticipation of caustic fusion results? I don't believe it. The volume down and volume up days are too close for that. Watching the trades today was instructive. The offers were constantly being hit. When buying slacked, as usual at mid-day, the price dropped back slightly from around 1.56 but it soon climbed back up on a series of bids that took out offers. Some thing changed yesterday when the buying started. News only insiders know? If so, they're betting big that whatever has changed in the equation is important (and changed in a way that until yesterday was not anticipated). George, or Walt, are either of you out there? Walt, how tight is security for WSP? Usually rumours are quick to surface in the north. People should be back in town after wrapping up the drilling program for the summer. If they've been back for awhile, then the news isn't coming out of the camp. That means it's got to be with the core and samples taken this summer and now being tested.

To: maintenance who wrote (1402)	10/20/1998 10:05:00 PM
From: Letmebe Frank	Read Replies (1) \| Respond to of 2251

Maintenance: Assuming you crunched the numbers correctly, and your assumptions are sound, then using your low WSP NPV of 6.32 and ABZ's high of 4.18 (to be conservative!) and wanting an equivalent share price to NPV between ABZ and WSP, we get 7.95*6.32/4.18 = $12.02 per WSP share. I'm not sure if this is a fair way of comparing share prices, but if what you calculated is correct, and it is a fair way to compare these companies, it means if the market valued WSP and ABZ fairly, either WSP is worth 12 buckaroos, or ABZ is very under priced. I suspect both. Any comments?