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Gold/Mining/Energy : IGCO - Intergold Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Robert Page who wrote (43)	6/5/1999 11:03:00 AM
From: Semyon Kuretsky	Read Replies (1) \| Respond to of 69

I guess everybody is on the sidelines.. It will take some time until the numbers will come out.. and you know it will be great!! at this point the buying frenzy will start and the stock will rock and every 5 minutes new posting will be done.. I think that the potential here is huge: my math tells me we will have around 30mm oz proven, more indicated and with a low recovery cost ($150 max) - this will be a blockbuster.. Even with a price of gold so low the margins will be huge - $120/OZ (270 - 150 = $120). Lets say based on 30mm OZ (proven) the company will be evaluated at $50/oz in the ground... it gives a stock price of $22/share (30mm * $50 /68mm shares(FD) I'm sure the evaluation will be greater than $50/share considering the rest of the claims, silver and 49% of GDSA ownership. Regarding lack of interest now.. I have seen it before with other stocks too. One or two postings per week, low stock price and people bashing company and attacking posters who provided information... and a year later the bashers are gone, boards are all over with thousand postings... I'v seen it before with other companies. As an example, look at these companies which several months ago traded for a dollar: WAVX, SIGM,ANCR All we have to do just sit back and let the company do the JOB and in the end all holders will be HAPPY! Cheers, Sam