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Gold/Mining/Energy : Corner Bay Silver (BAY.T)

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To: re3 who wrote (3514)3/13/2002 11:09:02 AM
From: IngotWeTrust  Read Replies (2) of 4409
 
Here's a sobering reminder o' the way it TRULY is N Silver Mkt n2 which BAY thinks its going to come out and save the world from perceived shortages in the stinkly little white metal...

23 February, 2002
Sunshine on the ropes
Sunshine Mining (OTCBB:SSMR) said yesterday it has used its credit facility to mothball

the famous Sunshine Mine on Big Creek up in the Silver Valley. It has also put its Pirquitas

Mine in Argentina on care and maintenance, and is in danger of essentially ending all

corporate operations because of low silver prices and lack of cash. funny how that seems to always go together.

The century-old mining company said it can continue in this “severely curtailed” state only

if it receives continued advances from lenders, or silver prices climb, or one of the

properties is sold. Sunshine emerged from bankruptcy just last year. Shares closed

yesterday at .43 [close quote] From Pennaluna homepage 3/13/2002

Just some warmed over truth to drum your fingers by, oh retired one<g>

Live long and prosper!
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