Siskon Gold Corp (SISK) Message Board

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Gold/Mining/Energy : Siskon Gold Corp (SISK)

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To: JustKirk who wrote ()	5/14/1997 11:18:00 AM
From: Lightning	of 146

Back on 2 May, Siskon announced that they were suspending mining operations at San Juan. According to Dow Jones Online News, the halt took effect on 8 May and was due to unstable ground conditions. "Siskon said it plans to conduct studies to determine the cost of a new access tunnel to intersect the mine's separate ore bodies." Sales of gold from this mine were SISK's only source of cash flow. I think there is not much value left for the common shareholders.

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