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

To: Cohiba who wrote (13079)1/21/1999 11:54:00 PM
From: Tom Cat  Respond to of 26850
 
Time will tell



To: Cohiba who wrote (13079)1/22/1999 8:56:00 AM
From: ddl  Respond to of 26850
 
So if MPV has $49.00/c x 2.33 c/t x 40% = $45.66 /ton value to MPV
vs WSP might have $300.00/c x 1.14c/t x 67% = $229.14 /ton value to WSP.
MPV current @ $2.00 x 229.24/45.66 = $10.00 (not considering share dilution)

Not taking into consideration that WSP numbers make profitability much higher, = better return on investment and what is required is to certify the numbers and prove up enough tonnage to open a mine.


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