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Gold/Mining/Energy : Sunshine Mining at Rock bottom?
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To: Claude Cormier who wrote (125)7/29/1999 10:19:00 PM
From: baystock  Read Replies (1) of 167
 
I bought 1/2 my SSC position this week. Of course I won't buy any more if Williamson is wrong. Williamson claimed to be using current product prices. I think it all boils down to whether the $1.50/oz cash cost figure that he quotes is for silver only with the other metals accounted for as credits or for the entire mine production in including the silver equivalent of the base metals.

You are quite right about the weak balance sheet. Do you mind telling me how you came up with the US$40-45 number ?
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