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Gold/Mining/Energy : Sedna Geotech (SOT.V), explosive growth PE of 7

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To: mariner who wrote (53)10/12/1998 12:36:00 PM
From: Jon Matz  Read Replies (1) of 68
 
mariner, having been beaten into a state of reasonableness, must say I don't have a clue! The only company I've been advised to compare it to is Major Drilling (MDI.T). And that was when MDI was selling at over $30 and it's now at $5.60. My best guess is that MDI will out perform SOT over the short term.

If SOT stays on schedule, the 3rd quarter may be posted this week and that might provide a fuller understanding of their ability to remain viable. I got the balance sheet from Carlson Canadian Stock News @:

fin-info.com

Cheers, Jon
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