Sunshine Mining at Rock bottom? Message Board

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Gold/Mining/Energy : Sunshine Mining at Rock bottom?

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To: Robert J Mullenbach who wrote (40)	3/26/1997 1:55:00 AM
From: John Swallow	of 167

Robert, Supposedly they have a good find in the West Chance property but my main concern is if they can get costs down. The higher grade ore from this new(er) find should help in bringing costs down but IMO we won't see it for a while. Also, there was an article in our local paper about one of Sunshine's main goals being getting cost/oz in line. I agree it's whats in the ground that will do it for the company and it would be nice to see them start to do something with the other small silver companies near their property, just in case silver does start to take off. Their new president does seem to be doing a decent job, however he inherited a company in fairly bad shape to begin with (financially). In my opinion, it all falls back on not waiting for the price of silver to move up. They have to get costs down; either by additional/new ore or by better extraction methods. John

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