TSXV:ASI.H - Post by User
Comment by
spearheadon Sep 01, 2003 6:22pm
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Post# 6371169
RE: GSC vs. AMU???
RE: GSC vs. AMU???The guys at AMU have told me on more than one occasion that "they are not miners". This company will be sold for large dollars per share to a Golden Star,or a Gold Fields, or a Newmont, or an Anglo, or a Placer Dome and maybe even a Kinross. That is why they have kept a tight watch on the amount of stock they have issued and to who.
You are right they are apples and oranges what is out on GSC fully duluted 200 plus million? AMI has 10 million. Devide the OZ's in the ground by the amount of stock and say it is worth $50 an oz US because it is still in the ground. Now Do the math with 1 million oz's, 2 million, 5 million and 10 million and remember you are counting in US Dollars
Defintely apples and oranges.