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


To: 1st.mate who wrote (729)1/26/1999 1:39:00 PM
From: the Chief  Read Replies (2) | Respond to of 1996
 
The Wemmerus Mining Newsletter out of New Jersey has done a bang up job on Rock Resources. The whole Newsletter is dedicated to RKR!!!! His/her belief is that a 1/2 billion tonne deposit is not out of the question on Coiron.
He assumes
$1.00US per pound
Worst case scenarios of share dillution and a major retaining the highest percentage of the property. His estimate of RKR retaining only 21% of the property would result in a share price of $6.65 and that allows for 60 million shares outstanding if needed!!

I will scan and post on my website for all to see as soon as I can!! I don't know anything about the newsletter or writer...does nayone else?

the Chief