Merger with Standard mining is complete, New management team,
Paul Saxton is new president. Company has potential with a higher gold price, The Damoti deposit is a high grade deposit that has merit. They have a 100% interest in a Honduras property that has 446,000 proven gold, ( ZOPILOTE deposit ) . The company is negotiating to sell its 20% in Atlanta gold deposit, Twin gold is partner. They have a diamond property that has turned up diamond chips, they have a J V with Skeena. It is a great speculation on a gold price rise, IMO, should be lots of leverage , if the gold price can ever rise over the 350 range.
trades BB, SDMCF, Toronto SDM New Web Site: standardmining.com |