Stellus Capital Investment Corp V.SCM

Primary Symbol: SCM

Financial Services Asset Management

Stellus Capital Investment Corporation is an externally managed, closed-end, non-diversified management investment company that operates as a business development company. Its investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments in middle-market companies. It seeks to achieve its investment objective by originating and investing primarily in private United States middle-market companies (typically those with $5.0 million to $50.0 million of earnings before interest, taxes, depreciation and amortization (EBITDA)) through first lien, second lien, unitranche and unsecured debt financing, with corresponding equity co-investments. It invests in various sectors, such as, services: business, healthcare and pharmaceuticals, consumer goods: durable, consumer goods: non-durable, media: diversified and production others. Its investment adviser is Stellus Capital Management, LLC.

NYSE:SCM - Post by User

Stellus Capital Investment Corp

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Comment by baystock1on Feb 15, 2011 11:28am

373 Views

Post# 18135924

RE: RE: RE: RE: RE: possible saving grace

>I guess you don't know the story very well...........They have roughly a million ounces of gold proven with potential for 2 million plus.<

I may not know any stories or tall tales on SCM...LOL, but I am very familiar with the facts.

The company itself says in their corporate overview that they only have 450,000 oz of "resource estimate" at million mountain:
https://www.scminerals.com/investor.htm

Do you have a reference for their supposed million ounces of proven gold ?

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