| Business Summary | | Crested
Corp.
and
its
parent
U.S.
Energy
Corp.
(USE)
are
in
the
business
of
acquiring,
exploring,
developing
and
selling
or
leasing
mineral
properties,
and
the
mining
and
marketing
of
minerals.
Crested
is
now
engaged
in
three
principal
mineral
sectors:
uranium
and
gold,
both
of
which
are
currently
in
the
care
and
maintenance
mode,
and
coalbed
methane
gas.
The
most
significant
uranium
properties
are
located
on
Green
Mountain
and
Sheep
Mountain
in
Wyoming,
and
in
southeast
Utah.
Most
of
Crested's
operations
are
conducted
through
a
joint
venture
with
USE,
and
various
jointly
owned
subsidiaries
of
USE
and
Crested.
The
joint
venture
with
USE
is
known
as
USECC.
USECC's
gold
operations
are
conducted
through
Sutter
Gold
Mining
Company,
a
63%
USECC
owned
subsidiary.
The
coalbed
methane
gas
sector
is
conducted
through
Rocky
Mountain
Gas,
Inc.,
a
newly
created,
82%
owned
subsidiary
of
Crested
and
USE. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Crested
Group
acquires,
explores,
develops
and/or
sells
or
leases
mineral
properties,
and
the
mining
and
marketing
of
minerals.
CBAG
also
engages
in
real
estate,
general
aviation
and
small
oil
and
gas
operations
in
MT
and
WY.
For
the
nine
months
ended
2/28/01,
revenues
totaled
$3.6
million,
up
from
$57
thousand.
Net
income
totaled
$2.2
million
vs.
a
loss
of
$1.8
million.
Results
reflect
the
legal
settlement
with
Kenecott,
and
lower
equity
loss
from
USECC. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Larsen, 68 Chairman,
CEO and VP | $348K | Max Evans, 74 Pres,
COO | -- | Robert Lorimer, 48 Controller,
Chief Accounting Officer, CFO, Treasurer & VP, Fin. | 649K | Michael Zwickl, 52 Assistant
Sec. | -- | Daniel Svilar, 70 Gen.
Counsel, Sec. | 668K | Dollar amounts are as of 31-May-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|