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Gold/Mining/Energy : Sun River Mining (SUNR)
SUNR 0.00Jun 10 5:00 PM EST

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To: Ironyman who wrote (1302)6/10/1999 12:10:00 PM
From: SWW   of 1650
 
Agree it is a nice press release......

Here is a post from Tom A over on Ragingbull.

jonboy - rumor is that 125 was extremely conservative, and having met and spoken at length with Steve Davis and Joe Wojcik, and understanding that they have been around the proverbial block a
few times, i trust that 125 is very conservative, if not down right high.

these guys will be able to net 125+/ounce for 10,000 to 50,000 ounces which will net them 1.25 to
6.25 million dollars (that's NET), over the next couple of years. that's a pretty good start for a small
company with a limited float.

as they have stated, this is indicative of the types of properties Steve and Joe are going to
pursue...and if they got this property for 350K, imagine what types of properties $1+M can get
them...


tom
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