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Gold/Mining/Energy : Sun River Mining (SUNR) -- Ignore unavailable to you. Want to Upgrade?


To: James E Lynch who wrote (1562)9/15/1999 1:50:00 PM
From: javajake  Read Replies (1) | Respond to of 1650
 
thanks James - this es very positive for our company...here's why:

"Management remains optimistic in regard to acquiring and
developing the Clavo Rico gold property, and looks forward to a
positive analysis and go-ahead decision in the very near future."

and:

"Drilling on the main shear zone, or
"Williams Tunnel Area," confirmed the presence and continuity of oxide
gold mineralization in the shear zone and peripheral to the present
operations. Approximately 1,000 feet to the north, an initial drill
test of the previously unknown "North Extension" also encountered
extensive oxide gold mineralization of potential economic grade."

now they just need to get the financing completed and this company will be producing gold and earning cash!

tom



To: James E Lynch who wrote (1562)9/16/1999 12:04:00 AM
From: Jon Matz  Respond to of 1650
 
Did they defer the purchase option for (1) the drill results were less impressive than expected? Or, (2) they forgot that they needed money to do the deal? Or, what?