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

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To: Bill Hyres who wrote (24)3/17/1997 4:16:00 PM
From: jim watson   of 146
 
I am sure everyone has noticed the stock price continues to descend. Does anyone have any more info? The market values this stock like it is on the way to bankruptcy. If I recall correctly, Barrons says there are 10 million shares outstanding---so a 10 million dollar write-down on a $.33 stock is HUGE. The management statement that this is the best way to profit from future increases in gold prices does not make sense to me. How are the two linked?
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