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Gold/Mining/Energy : Sierra Nevada Gold - SDD.vse
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To: Kent C. who wrote (3)2/10/1998 2:05:00 PM
From: Keith Utz   of 65
 
Kent and rdww, I can answer a few of your questions. They have 17 million shares outstanding and have been in business over 15 years. The co. had a mine in northern Calif. which they had to shut down for environmental and other reasons. The president, Bonnie Lee spent 3 years in Mexico looking for properties and came up with the extremely rich silver and copper properties they have now. The company needs money to explore these properties and will be arranging PP with warrents. They have also been approached by larger companies concerning JV on both properties. Final permitting is not complete from Mexican government on copper property so its on hold for now..expect permit at any time. Forget to ask about debt. Hope this helps. Call the company and they will fax you the news release that went out today..

Keith
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