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

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To: Jon Matz who wrote (1545)8/24/1999 1:27:00 PM
From: CIMA  Read Replies (1) of 1650
 
I don't know the value of the Honduran property in relation to market cap. That's why the drilling program was undertaken. It appears as though management thinks it is positive and at a personal level, I am certain the chain of custody isn't an issue. SUNR management is beyond reproach IMO. Things would have been done right.

What we are waiting for in a positive way is an announcement that they are exercising their option, have completed a financing and will be in production and revenue-producing in September. The market seems to think this is likely if I'm reading it correctly.
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