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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Aloysius Q. Finnegan who wrote (57733)	8/31/2000 12:15:09 AM
From: goldsheet	Respond to of 116764

> Bob ... Is Sunshine worth a nickle? OT* Probably, but I'm not sure I would want to touch it until the debt is eliminated and new shares are issued. At the current price of 5.5 cents, the market cap is $US2.3 which implies a total value of $57.5 million (current shareholders get 4%, 96% to bondholders). They have at least 100 million ounces in reserve, so that's under 60 cents per ounce - reasonable, but not cheap enough for me to buy shares in Chapter 11. Interesting news story: biz.yahoo.com