Silverado Gold Mines Ltd. (fka SLGLF)

[LilDigger]

Here is an interesting stat for Silverado

SLGLF Security Details
Share Structure
Market Value1 $874,313 a/o Oct 24, 2014
Shares Outstanding 2,914,377,244 a/o Mar 14, 2011


From the company's Nolan resource report the company claimed over $50 million dollars in resources on just the Nolan site, yet as of this month the company could be taken over for $874K or $0.017/share.

Exploration costs more than that on a per share basis. At the last reported financial reports show that Silverado had loses from exploration in excess of $85 million or 3 cents per share.

Strange Kinross or one of the other big gold miners aren't interested.