Sunshine Mining at Rock bottom? Message Board

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

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To: baystock who wrote (146)	8/16/1999 1:09:00 AM
From: Claude Cormier	Read Replies (1) of 167

<<I believe this working capital change simply reflects the reclassification of this $26M convertible from long term debt to short term debt since its maturity is now less than 1 year. >> Make sense. good catch RR. <<Can they force it to be converted into 3 million shares at $8 per share or do they need to take out a new loan to pay it off.>> I doubt it very much.

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