CFR 0.00% 0.6¢ cluff resources pacific nl

give this a look over....

  1. 957 Posts.
    ok lets start, i do not hold any of these, but will be as of monday open.

    we have tin exploration occouring @ present with potential of 3 million tonne in ground. current tin price is above $16,000 per tonne. these guys own their own machineary (costs down) and have current market cap of $12 million. current SP is .008 - .009 one would expect this to be much higher, i could see this running into the 3-4cent range shortly.

    sums
    3000000 tonne tin
    x
    $16000 a tonne
    =
    $48,000,000,000

    market cap of $12million

    3% company debt.

    DYOR...

    also the packers apparently use to own this....????....????
 
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