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Gold/Mining/Energy : Sierra Nevada Gold - SDD.vse -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (2)2/10/1998 2:08:00 PM
From: rdww  Read Replies (2) | Respond to of 65
 
FD - around 17MM

Cash - little - under $100K - and this is a problem - they will have to do a PP or get a JV partner. They are interested in a JV partner. A number of companies (majors + juniors w/ cash) have had a look but no one's committed yet.

SDD has been around for 16-17 yrs. Management is honest and cheap and are not promoters in the least. That can be a problem though - no stock is gonna go up on it's own - it need some promotion.

The IR package is the best bet - unless you get Hard Rock - they did a profile over a year ago on the Promontorio property and SDD history.

Debt - not that I am aware of - and property payments are up to date.

SDD's 800 # at top.

Mark Lee is the geo who has found these properties and