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

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To: CIMA who wrote (1542)8/24/1999 9:39:00 AM
From: Jon Matz  Read Replies (3) of 1650
 
Goodmorning CIMA, I've noticed that none of the "experts" on gold mining have posted here in a very long time. That indicates to me that if anything this is purely a momentum play and doesn't have any connection to value as a gold play, at least not with any information currently available.

Why would any goldbug put a greater value on this stock now? After all, the news about the resource has been available for quite a while and the only thing new is that the company has done a hurried and tiny drilling program without any reliable chain of custody.

Since almost all gold mining companies are selling below cash value, why would this stock go up from here. Do you know that the Honduras property is worth more than the current market cap?

Thanks, Jon
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