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

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To: Randy who wrote (7)1/12/1997 10:55:00 PM
From: Bill Hyres   of 146
 
Hello Randy, I am visiting this thread for the first time. Tonight I was searching for a micro gold stock that shows signs of life and I stumbled on Siskon. Tomorrow I will request an investors package. What caught my eye was the possible turn to profitability that SISK is about to make. This stock is holding the attention of some big rollers. I have read and respect what Stephen Leeb has done. This year he is calling for inflation to re-appear and the signal for a corection. This is not a very popular call but he calls it as he see's it. The Red Chip Review also has an admirable reputation.

The most significant bit of data I found tonight has nothing to do with these people.It is the earnings possibilty. My source shows 1996 EPS at an .08 loss for year. The important piece I found was the projection for 1997. They are projected for .42 EPS to the positive! That gives them a future PE of 1.8 and the industry average is 26.6. This would be a stock trading at a discount of 93%!!! This catches my attention.

I want to do some research over the next couple of weeks and see what we can dig up. The Vengold affair concerns me and I need more data.

billybob
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