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


To: Baba 2 who wrote (14)2/11/1998 12:13:00 AM
From: rdww  Read Replies (1) | Respond to of 65
 
My guess for the short term is a PP.
SDD doesn't likely want to do a full blown financing at these levels. They may try to raise enough cash to continue drilling at Republica long enough to pull out some drill #'s that spark the market. Then they can either JV or finance for enough cash to keep them out of trouble for a while.

Cash is a problem - but it has been for some time + they have managed to move along both properties quite well.