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Gold/Mining/Energy : Queenstake Resources (QTR.T) -- Ignore unavailable to you. Want to Upgrade?


To: charred who wrote (1648)1/5/1999 12:23:00 AM
From: Claude Cormier  Respond to of 2249
 
<< The market cap of SWG is 60 million and QTR 20 million. SWG has 5
times the cash and all those JV's which is hard to put a price on. >>

Well 26 JV's to be exact, with many more to come as they have a few hundreds properties. If I had only one mining stock to buy, SWG would be it.

As for assigning a price for these JV's...well, take just a few of them, I say several time the current market value.

There is only one reason why SWG is at this low price and very few are talking the stock....they are not promoting at all.... for now.

As for QTR, will watch news on Barrick JV.