for people following (gme).., page-15

re: ****gme v's cgm***/ sandybeachs hi gerry..

i didn't notice any error, but thanks for correcting it..

when you look at 497,000tonnes @1.3%Ni with the current nickel price it makes for big $$$$$$$ (thats before any costs etc)..

you never at some point a joint venture or possible takeover from (mre)..

it's a substantial resource (gme) are sitting on..

will be watching with interest..

regards

******************************************
Subject re: ****gme v's cgm***/ sandybeachs
Posted 21/06/04 8:34:27 AM - 3 reads
Posted by stolwyk
Post #307706 - in reply to msg. 307594 - splitview

Sandy, I made an error with placing the decimal point.

I calculated GME as having 49,000 + mill tonnes of Ni metal (1.3%) while it should read 497,000 tonnes.

A massive error; however, the picture now changes in that I find GME to be superior than either CMG or SHN, subject to satisfactory arrangements of extracting the Nickel.

Obviously, the Investors should do their own research work before making any decision and they will be responsible for any investment they make.

I'll be preparing a post which compares the 3 companies.

I am sorry for having made that error but felt that I should put it right well before trading starts.

Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.