SCHEDULE 13G
Amendment No. 4
Gold Standard, Inc.
Common Shares
380724302
12/31/99
Rule 13d-1(b)
1. Sun Valley Gold LLC
2. N/A
3.
4. Delaware
5. 137,606
6. 0
7. 137,606
8. 0
9. 137,606
10. N/A
11. 11.8%
12. IA
Item 1.
(a) Gold Standard, Inc.
(b) 712 Kearns Building, 136 South Main Street,
Salt Lake City, Utah 84101
Item 2.
(a) Sun Valley Gold LLC
(b) 620 Sun Valley Road, P.O. Box 2759, Sun Valley, Idaho 83353
(c) Delaware limited liability company
(d) Common shares
(e) 380724302
Item 3.
(e) An investment adviser in accordance
with section 240.13d-1(b)(1)(ii)(E)
Item 4.
(a) 137,606 common shares.
(b) 11.8%
(c) (i) 137,606
(ii) 0
(iii) 137,606
(iv) 0
Item 5.
N/A
Item 6.
N/A
Item 7.
N/A
Item 8.
N/A
Item 9.
N/A
Item 10.
Certification
SIGNATURE:
Peter F. Palmedo
President, Sun Valley Gold Company
Managing Member, Sun Valley Gold LLC
February 1, 2000
