SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Anglo-Swiss (ASW-Montreal) Sapphire Discovery
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: joseph schevenels who wrote (5)10/10/1997 5:54:00 PM
From: B. E. Barry   of 68
 
Joe,

I also called their IR dept. Apparently winter is not a problem. They've removed several tonnes of sapphire bearing material from site and will continue to extract sapphires during the winter, for heat treatment in California. Their gold placer operations is in Ecuador and operates year round.

I agree with you, 35 million shares seems like a lot. But over 12 million owned by insiders (good sign) with half that amount placed back into escrow. They claim a widespread distribution with over 6,000 registered shareholders. It looks tightly held, a mere 400,000 shares in volume doubled the price in August.

Not many of us following sapphires it seems.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News