Natural Resource Stocks Message Board

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To: isopatch who wrote (85341)	1/11/2010 5:13:25 PM
From: Claude Cormier	of 90391

Iso I really was not trying to share an idea, but rather trying to find out how to put a value in actual $$ given what was known.. ie.. production levels, estimated cost, projected cash flows and estimated RLI.. and of course assuming that this data was true, not questioning it. The reason is that I know nothing about O&G and how to value these companies. On the other hand, from experience, I trust management of Sprott Resources who owns this play. I don't have any other names in the O&G business, except maybe for Wavefront which you probably all know about on this thread. If you don't, well you probably should take a look. However, I always have plenty of names in the gold business. All depends in which category of gold stocks your are looking at. CC