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Re: dimonfind post# 77

Monday, 02/21/2005 4:34:06 PM

Monday, February 21, 2005 4:34:06 PM

Post# of 153
You said:

Their website, like all others, contain what they want you to read.

So you're saying the company is downplaying its own value? That's a first.

The corporate presentation seems very straightforward. The calcs are not that hard to follow. It's a small mine with very nice stones. NPV 20 to 35 cents Canadian. That's a nice start, but a PPS of $2 would make this a $1.43 billion company. I'm sorry... Maybe it is the 3rd grade math, but I'm just not getting there from here.

Look for a buck, maybe. More as the other pipes develop.
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