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Gold/Mining/Energy : Latitude Minerals LTU.V -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (161)11/17/1998 12:21:00 AM
From: Joel W. Grothendick  Read Replies (1) | Respond to of 366
 
Mr. Metals,

>>If you value the 417,000 minable ounce at a low-ball CDN $20 an ounce in the
ground, you get a value of $8,340,000. I believe LTU has around 7,000,000 shares
out. That should justify a share price of $1.00 a share. LTU closed at 38c?<<

This is also quite perplexing to me. Considering what ltu holds and
the potential each of these projects have the premium attached to ltu
just shows how shitty the market still is. Imo it will be better someday, hopefully sooner than later. <g> I'm confident that ltu will
have its day in the sun.

Regards,

Joel