Sun River Mining (SUNR) Message Board

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Gold/Mining/Energy : Sun River Mining (SUNR)

SUNR 0.00

Jun 10 5:00 PM EST

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To: john who wrote (365)	1/30/1999 1:24:00 PM
From: Lazarus	of 1650

My understanding is that the value of the gold in the ground... ...is not factored in to the value of the land at all. That is at least what I was told. But if you use 25 bucks an oz...which is very conservative...then it would still be around 7 cents per share plus the nearly 2 cent book value. I only speculate with Gold Stocks -- and as penny golds go I speculate that ACMG has the potential to do a 5 to 10 bagger long before SUNR. I am not dissing SUNR - It was recommended to me by sources I like. I just could not figure out what I was buying. I often hold these long term...so if I am gonna be sitting with shares I want to know what I have. Furthermore ... even a hint of positive news on ACMG would send the stock to an 10 to 12 cent trading range -- thinks me Barginstocker

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