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Gold/Mining/Energy : SOUTH AFRICAN MINING -- Ignore unavailable to you. Want to Upgrade?


To: baystock who wrote (407)2/16/1999 8:16:00 AM
From: chevalier  Respond to of 472
 
I agree that the stock is too tight. However I fail to see how you think that this stock is overvalued assuming that the pre-feasibility proves economic. With 19 million ounces of PGE I think its fair to assume that the ounces are worth more than $5/ounce. I am waiting to see the results of the pre-feasibility which I expect are going to positive before jumping in.