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Gold/Mining/Energy : Steppe Gold (SPE:V) -- Ignore unavailable to you. Want to Upgrade?


To: brian krause who wrote (587)1/29/1998 9:14:00 PM
From: Robert Dydo  Read Replies (1) | Respond to of 1248
 
Nice performance today? I was wondering how many people would say that company which has $24M debt facility(commitment of the bank), potential of $14M in cash flow in the first year of production at $305-10/oz, Estimated value of $3Billion in K&A deposits, five first class geological properties ,27-29M shares with 11M of warrants and options bringing another $20M in proceedings(at average 1.77)is trading 2,000 shares at.....0.35 two days later after "Letter of financing commitment" is published. Not too many? O, yeah, I forgot to mention it is in Kazakhstan. This is not even funny. I can see Steppe buying own shares back and pay dividends in this market and there will be still someone available to make a trade for 0.35.
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