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

To: john who wrote (359)	1/30/1999 2:21:00 AM
From: Lazarus	Read Replies (2) \| Respond to of 1650

That is why I bought ACMG .... They have 4 to 5000 acres of patented and unpatented claims in the good ole U S of A. I have been told that Behr Dolbear has estimated gold reserves at 185,000 ozs. Given a price of only $60.00 per oz that would be worth 16 cents a share. If you use $120.00 per oz like some do...that would be 32 cents per share. The company has a book of about 2 cents per share. Like most of these junior mining companies it is struggling. They are not even operating right now...but looking to JV. There are enuf pple with enuf at stake to figure out how to make it work -- thinks me. It looks to me like SUNR is begging for $$. I am not all that fond of gold stocks but feel that ACMG has a much better chance of being a 5 to 10 bagger before SUNR does. Hey -- how about log cabins on the property sold on a time share basis for amatuer prospectors like me :) Barginstocker