Forum Archive Index - June 2001

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Gympie Gold

From:	"Dannie Hawkins" <dannie@es.co.nz>
Date:	Wed, 6 Jun 2001 12:47:01 +1200

Something new for the punters.

Have a look at www.gympiegold.com.au

This company has recently sold 10% of there coal business at a price that values their share of coal at about 85 cents a share (more than their current share price).

The market is valuing their profitable gold business at zero.

The company forecasts coal value will almost double over the next 3 years. They appear to be conservative - they value $AU/$USA at about 65 cents (currently about 50 cents) in their calculations.

Cynical? So was I, but the directors have large holdings and have a history of delivering on their promises. I will not be surprised if the total return to shareholders is more than 200% over the next 5 years.

Dannie

Disclosure

Long term investor

Messages by Date [	Next by Date:	[sharechat] AQL Brian Jones
	Previous by Date:	Re: [sharechat] VSL- Vision Systems Ltd G Stolwyk ]
Messages by Thread [	Next by Thread:	Re: [sharechat] CLH - Collection House G Stolwyk
	Previous by Thread:	[sharechat] AQL David Pearce ]
Post to the Forum [	New message	Reply to this message ]