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Gold/Mining/Energy : Montello Resources -- Ignore unavailable to you. Want to Upgrade?


To: George S. Montgomery who wrote (2730)10/28/1998 5:54:00 PM
From: JP  Read Replies (1) | Respond to of 4256
 
<<how high is up?>>
That is a good question that I have never bothered figuring out. I do know that $10 is an easy target if they have a mine and probably much higher. $10 makes me real happy so I don't worry much past that point.
It is something that we need our friend Ann A list to tell us -but she expired. Anyone one else? JP



To: George S. Montgomery who wrote (2730)10/28/1998 7:24:00 PM
From: Sudhir Khanna  Respond to of 4256
 
George,

In general, if an economic deposit is found, the stocks potential value can be estimated using the Net Present Value of the first ten years of cash flow. Although the company will continue to look for additional economic deposits, the market may not give credit for new finds until the first is in production. There are many reasons for this. There are also many examples of this - Aber Resources (ABZ.t) can be used as one.

Sincerely,
Sudhir Khanna, P.Eng.
Editor, The RESOURCE INDICATOR
goldsheet.simplenet.com

___ Performance Watch ________________________________

August 1, 1998 (initiation date) to October 28, 1998

Resource Indicator Index ............. +26%
TSE 300 .............................. -13%
VSE Index ............................ -20%
VSE Mining Index .................... -17%
DJIA (Dow) ........................... -5%
NASDAQ .............................. -6%
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