Very interesting nickel deposit. Legitimate takeover candidate.
A very simple nickel mine in Scandinavia. Not in production yet and are getting their permits now. They will produce in 2010. Very cheap.
Only has $100 million market cap. Have to raise $120 million to get their nickel mine into production in 2009. Not widely followed. At current nickel prices, they are trading at less than 1 X earnings.
Have a nice asset. Could put it in production with a very small capital expenditure. Management owns 20% of the Company. Very cheap.
Scandinavian Minerals is a OTC stock, trading under the symbol SGL-T(Dead) on the (). It is usually referred to as or SGL-T(Dead)
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In the last year 0 stock analysts on Stockchase covered Scandinavian Minerals. The stock is worth watching.
On , Scandinavian Minerals (SGL-T(Dead)) stock closed at a price of $.
Has a nickel deposit in Scandinavia, a very attractive project. It will be difficult to receive the financing they require. Don’t want exposure in base metals. Very cheap. Stock wont go anywhere.