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


To: Jon Matz who wrote (1007)5/13/1999 2:59:00 PM
From: Cytotekk  Read Replies (2) | Respond to of 1650
 
Jon - SUNR is in an acquisition mode right now.

The experienced management has been shopping properties that are ready for production. Consensus seems to be that with the current pog, there are good mine bargains to be found.

From the volume the last two days, it could be that they are close to an announcement. This company could have a profitable, producing mine soon.

Can't guess as to probable appreciation of stock price...12,000,000 os, approx. 1.5M in the float. CIMA's .50 could be conservative.

Rumor was/is that SUNR was/is looking at a site in Central America, among others.

Colleen



To: Jon Matz who wrote (1007)5/13/1999 8:01:00 PM
From: john  Respond to of 1650
 
was he trying to prop up the price so he could sell?

No that would never happen.