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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (12514)1/11/1999 1:02:00 PM
From: MoneyMade  Respond to of 29382
 
ALERT!!SUNR---Is the pick! at 3/8
Company ph. (303)543-8434


Float about 1M free trading, much of it bought at $1 at the pre-market price. Some
was bought at .35 recently but it was only about 250,000 shares. 8M F.D. but insiders stock is tied up. That accounts for 6.5M or so and there's 500,000 out-of-the-money warrants at a buck. Monday, Jan 11 1999 12:46AM ET

SUNR announces the signing of a Bolivian mining property tomorrow. They will follow
that up with another release on Hazen Lab results (Denver) later this week (fabulous
results, more than 5 oz/ton on some) and then will announce their Standard and Poors
rating in a third release

M$ney



To: Ditchdigger who wrote (12514)1/11/1999 1:37:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
Bid.com $6.70X$6.75C looks like I was early,oh well..DD



To: Ditchdigger who wrote (12514)1/11/1999 2:35:00 PM
From: MoneyMade  Respond to of 29382
 
NEWS!!!Sun River Mining Inc. Announces Contract Signing

DENVER--(BUSINESS WIRE)--Jan. 11, 1999--Sun River Mining Inc.'s (OTC BB:SUNR -
news) Bolivian subsidiary, Grupo Inversor Rio Del Sol S.A. (''Rio Del Sol''), has entered into an
agreement with Cooperativa Minera Aurifera 26 de Septembre Poroma Ltda. (the ''Cooperative'')
which grants Rio Del Sol the exclusive rights of exploration/development and exploitation of a
producing mine on two concessions near the Challana River in the Tipuani Gold Mining District of
Bolivia. The two concessions cover approximately 1,670 acres. Initial exploration and development
work had been done by Giovanni Viscarra who has 15 years geological exploration and mine
development experience in the Tipuani Mining District. The Company is in negotiations with
Viscarra regarding retaining his services as Mine Operations Manager. Rio Del Sol shall be the
mining Operator and have the rights to eighty percent of all minerals recovered from the property.
The contract requires an investment of US$500,000. The investment is scheduled to be made
monthly over a minimum of six months commencing March 1, 1999 with an initial investment of
$100,000, then $100,000, $100,000, $50,000, $50,000, and $100,000. However, the date for
disbursement of the second and subsequent investment amounts are subject to a grace period,
which allows the total investment to be made over the period of March 1, 1999 through Jan. 1,
2000. Rio Del Sol shall retain ownership of the capital equipment required for the project (initial
equipment is estimated to be approximately one-half of the $500,000 required investment). Rio Del
Sol has six months to explore the property after which it has contractual rights to the property for an
additional 15 years. Rio Del Sol has entered into another agreement with the Cooperative to pay
Cooperative $180,000 for compensation of existing mining works. $20,000 has been paid as of this
date and the next payment of $26,000 is to be on March 1, 1999. The scheduled monthly payments
thereafter are $46,000, $48,000, $20,000 and $20,000. The Company does not currently have the
funds to fulfill the contractual agreements discussed herein, nor does the Company have a
commitment for such funds at this time. Rio Del Sol based its decision to acquire the property on a
report from an independent, third party geology consulting firm and, due to information contained in
the report, the Company is confident it can raise the funding required in these contracts.

I am excited for the shareholders regarding the potential of this producing gold mine. I believe this
acquisition is a great step forward by the Company.

Sun River Mining, Inc. shares trade on the OTC Bulletin Board under the symbol ''SUNR''.

ON BEHALF OF THE BOARD OF DIRECTORS

Randy A. McCall President & Chief Executive Officer

Contact:

Sun River Mining Inc.
303/543-8434
Fax: 303/543-8435
E-mail: info@sunrivermining.com
Website: sunrivermining.com