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Gold/Mining/Energy : Sunshine Mining at Rock bottom?
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To: Robert J Mullenbach who wrote (98)12/12/1997 8:47:00 AM
From: Ed McGrane  Read Replies (1) of 167
 
Robert,

I think you are right!!

SSC has brought the price on producing silver down to the point that
they can finally start making money. Also, because of the shortage of
silver worldwide and the surging demand, they should be able to get more favorable terms to finance Pirquitas.

Another advantage is that SSC is almost a pure Silver play which is
a big advantage, (for now) in that they don't have the added worry of falling gold prices bringing down the value of their reserves.

Looks like we have finally turned the corner and 1998 should be a
good year for SSC.

Have a Happy Holiday season!!

Regards,

Ed

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