Sunshine Mining at Rock bottom? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude Cormier who wrote (147)	8/16/1999 6:34:00 AM
From: Richard Mazzarella	Read Replies (1) of 167

Claude, the company press release 7/19 stated <<After the split, the company's total shares outstanding will be 34.6 million, or 1 share for each 4.5 ounces of proven and probable silver reserves.>> Is 4.5 oz per share value a silver stock at $1.875? I thought that silver was valued at ~$0.10-0.25 in the ground. The stock should be valued at no more than $1.125? Do I have that wrong?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next