GREY:EGDFF - Post by User
Post by
PositionTradeon Feb 23, 2003 2:32pm
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Post# 5891009
Expectation for Q4 &...
Expectation for Q4 &...In the Q3 report, "Energold Mining Ltd. is pleased to announce earnings of $320,436 ($0.02 per share) for the third quarter of 2002 and a year to date profit of $141,287 ($0.01 per share). The renewed confidence in Gold and the subsequent increase in drilling generated a third quarter increase in working capital of $528,741."
What's the expectation for Q4? Considering the climate, it's not over-optimistic to expect a little more, right? If this expectation materializes, what p/e and price should be fair value and what effect it will have upon the exploration side? Seems undervalued, I think.