Sunshine Mining at Rock bottom? Message Board

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

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To: Robert J Mullenbach who wrote (60)	5/10/1997 12:30:00 AM
From: John Swallow	of 167

Robert, As you probably know by now, I am somewhat bullish on silver. I went to the Hecla annual meeting today. It was very interesting; if you haven't looked at Hecla it may be time to take a good look at it. It is my opinion that it has "turned the corner" and is one of the more undervalued silver plays going right now (for an actual producer and been around a while). I used to not like Hecla very much but compare their market cap to Sunshine's and then compare what they both have going, I think you'll be surprized (I was after taking the time to look at it again). Sorry to go off topic on this one but for investing sake I didn't think it would matter. You know silver didn't do too bad for the week and the supply/demand shortfall was estimated at 150 million ounces last year...I would sure think something has to give sometime. SSC is awfully cheap, but I'm going to wait until after the split to see where it settles. I would like to see all of these silver's doing well. Anyway, I am going to post some of my notes on the Hecla meeting on the Hecla thread when I get a chance tonight or in the a.m., I think its worth some due dilligence. Sorry again for off topic. Good Luck. John S.

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