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Re: westeffer post# 950

Saturday, 01/28/2006 3:30:29 PM

Saturday, January 28, 2006 3:30:29 PM

Post# of 115222
Ninja and West, I agree with both of you, this is conservative. However, they may not meet production goals, or prices could devalue, highly unlikely IMO. I believe they can process gold for under $350 per oz. I also think they can sell it for more than $525 per ounce. In trying to account for any expenses I may have missed, I have rounded up on all expenses and rounded down on all income. I do feel this represents a good basis from which to value this stock. If either of you want a better view of my sheet, give me an email and I'll send it to you.

Airdale1

This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.