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                          UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

                           FORM 10-QSB

[X]    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
               THE SECURITIES EXCHANGE ACT OF 1934

             For the Quarter Ended Sept 30, 2000

                                OR

[  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934

     For the transition period from            to

                     Commission File Number 0-23737

                     SILVER RAMONA MINING COMPANY
(Exact name of small business issuer as specified in its charter)

            Idaho                           82-0290939
-------------------------------         -----------------
(State or other jurisdiction of         (I.R.S. Employer
incorporation or organization)          Identification No.)

             211 West Elder Ave., Kellogg, Id. 83837
              --------------------------------------
             (Address of principal executive offices)

Registrant's telephone no., including area code:  (208) 786-7572

     Check whether the issuer (1) filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the past 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.
Yes   X   No

               APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date.

           Class               Outstanding as of Sept 30, 2000.
Common Stock, $.001 par value              500,000










<PAGE>


                     SILVER RAMONA MINING COMPANY
                     (A Development Stage Company)

                            FINANCIAL STATEMENTS

                   Sept 30, 2000 and December 31, 1999


                              C O N T E N T S
PART I

Independent Auditors' Report                                            3

Balance Sheets                                                          4

Statements of Operations                                                5

Statements of Stockholders' Equity (Deficit)                            6

Statements of Cash Flows                                                8

Notes to the Financial Statements                                      10

PART II

Item 1  Legal Proceedings                                              12

Item 2  Changes in Securities                                          12

Item 3  Defaults in Senior Securities                                  12

Item 4  Submission of Matters to a Vote of Security Holders            12

Item 5  Other Information                                              12

Item 6  Exhibits and Reports on Form 8-K                               12
























<PAGE>

                       INDEPENDENT ACCOUNTANTS' REVIEW REPORT


To the Board of Directors
Silver Ramona Mining Company
(A Development Stage Company)
Osburn, Idaho


We have reviewed the accompanying balance sheet of Silver Ramona Mining
Company (a development stage company) as of Sept 30, 2000 and the related
statements of operations, stockholders' equity (deficit) and cash flows for
the three months and nine months ended Sept 30, 2000 and 1999.  These
financial statements are the responsibility of the Company's management.

We conducted our review in accordance with standards established by the
American Institute of Certified Public Accountants.  A review of interim
financial information consists principally of applying analytical procedures
to financial data, and making inquiries of persons responsible for financial
and accounting matters.  It is substantially less in scope than an audit
conducted in accordance with generally accepted auditing standards, which
will be performed for the full year with the objective of expressing an
opinion regarding the financial statements taken as a whole.  Accordingly, we
do not express such an opinion.

Based on our review, we are not aware of any material modifications that
should be made to the accompanying condensed financial statements referred
to above for them to be in conformity with accounting principles generally
accepted in the United States.

We have previously audited, in accordance with auditing standards generally
accepted in the United States, the balance sheet of Silver Ramona Mining
Company (a development stage company) as of December 31, 1999, and the
related statements of operations, stockholders' equity, and cash flows for
the year then ended (not presented herein) and in our report dated
Sept 30, 2000, we expressed an unqualified opinion on those financial
statements.



HJ & Associates, LLC
Salt Lake City, Utah
Oct 28, 2000
















<PAGE>


                            SILVER RAMONA MINING COMPANY
                           (A Development Stage Company)
                                  Balance Sheets

                                     ASSETS
<TABLE>
                                                Sept 30,               December 31,
                                                 2000                     1999
                                            --------------           ----------------
                                              (Unaudited)

CURRENT ASSETS
<S>                                              <C>                     <C>
Cash on hand                              $       -                 $     -
                                           ---------------          ---------------

TOTAL ASSETS                              $       -                 $     -
                                           ===============          ===============

                  LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

LIABILITIES

Accounts payable                          $       -                 $        62
                                           ---------------          ------------
  Total Current Liabilities                       -                          62
                                           ---------------          -------------
STOCKHOLDERS' EQUITY

Preferred stock, 10,000,000 shares
authorized, -0-
Outstanding                                       -                        -
Common stock $0.001 par value; authorized
50,000,000 shares; 500,000 shares issued
 and outstanding                                   500                     500
Additional paid-in capital                     119,520                 113,459
Deficit accumulated during the
development stage                             (120,020)               (114,021)
                                           ---------------          ---------------
Total Stockholders' Equity (Deficit)              -                        (62)
                                           ---------------          ---------------
TOTAL LIABILITIES AND STOCKHOLDERS'
 EQUITY (DEFICIT)                        $        -                  $     -
                                           ===============          ===============

</TABLE>













<PAGE>



                              SILVER RAMONA MINING COMPANY
                              (A Development Stage Company)
                                Statements of Operations
                                        (Unaudited)
<TABLE>

                                                                            From
                                                                         Inception on
                                   For the                For the           May 25,
                              Three Months Ended      Nine Months Ended       1967
                                                                            Through
                                  Sept 30,                Sept 30          Sept 30,
                                   2000      1999       2000     1999         2000
<S>                                 <C>       <C>        <C>       <C>          <C>
REVENUES
                              $      -   $     -    $     -    $    -      $     -
EXPENSES                              707       250     5,999     3,296       120,020
                              -----------   --------   --------   --------   -----------
NET LOSS                      $      (707)$    (250) $ (5,999) $ (3,296)   $ (120,020)
                             ============  =========  ========  =========   ============
BASIC LOSS PER SHARE          $     (0.00) $  (0.00) $  (0.01) $  (0.01)
                             ============  =========  ========  =========

</TABLE>


































<PAGE>


                          SILVER RAMONA MINING COMPANY
                          (A Development Stage Company)
                  Statements of Stockholders' Equity (Deficit)
                From Inception on May 25, 1967 through Sept 30, 2000
<TABLE>
                                                                           Deficit
                                                                         Accumulated
                                                          Additional      During the
                                           Common Stock    Paid-In        Development
                                      Shares      Amount      Capital      Stage
<S>                                    <C>         <C>          <C>          <C>
Inception on May 25, 1967               -       $   -       $    -       $    -

Common stock issued for mining
 claims recorded at predecessor
 cost of $0.00 per share             314,468        314          (314)        -

Common stock issued for
 services at $0.10 per share           2,621          3           997         -

Common stock issued for
 cash at approximately $0.15
 per share                           182,911        183       104,215         -

Net loss from inception on
 May 25, 1967 through
 December 31, 1993                      -           -            -        (105,398)
                                    ----------   ----------   ----------   ---------
Balance, December 31, 1993           500,000        500       104,898     (105,398)

Net loss for the year ended
 December 31, 1994                      -            -           -            -
                                    ----------   ----------   ----------   ----------
Balance, December 31, 1994           500,000        500       104,898     (105,398)

Net loss for the year ended
 December 31, 1995                      -            -           -            -
                                   ----------   ----------   ----------   ----------
Balance, December 31, 1995           500,000        500       104,898     (105,398)

Net loss for the year ended
 December 31, 1996                      -            -           -          (3,959)
                                  ----------   ----------   ----------   ----------
Balance, December 31, 1996           500,000        500       104,898     (109,357)

Capital contributed by
 Shareholder                            -            -          4,713         -

Net loss for the year ended
 December 31, 1997                      -            -           -          (1,254)
                                  ----------   ----------   ----------   ----------
Balance, December 31, 1997           500,000   $    500     $ 109,611    $ (110,611)
                                   ----------   ----------   ----------   ----------
</TABLE>





<PAGE>



                          SILVER RAMONA MINING COMPANY
                          (A Development Stage Company)
                  Statements of Stockholders' Equity (Deficit) (Continued)
                From Inception on May 25, 1967 through Sept 30, 2000
<TABLE>
                                                                           Deficit
                                                                         Accumulated
                                                          Additional    During the
                                           Common Stock    Paid-In      Development
                                      Shares      Amount      Capital      Stage
<S>                                    <C>         <C>          <C>          <C>

Balance, December 31, 1997              500,000  $    500     $   109,611  $  (110,611)

Capital contributed by
 Shareholder                               -           -            1,193         -
Net loss for the year ended
 December 31, 1998                         -           -             -          (1,193)
                                      ----------   ----------   ----------   ----------
Balance, December 31, 1998              500,000       500         110,804     (111,804)

Capital contributed by
 Shareholder                               -           -            2,655         -

Net loss for the year ended
 December 31, 1999                         -           -             -          (2,217)
                                      ----------   ----------   ----------   ----------
Balance, December 31, 1999             500,000        500         113,459     (114,021)

Adjustment for reverse stock
split (unaudited)                          300         -             -             -

Capital contributed by
 shareholder (unaudited)                  -            -            6,061         -

Net loss for the nine months
 ended Sept 30, 2000
 (unaudited)                              -            -             -          (5,999)
                                      ----------   ----------   ----------   ----------
Balance, Sept 30, 2000
 (unaudited)                          500,000      $  500      $  119,520   $ (120,020)
                                     ==========   ==========   ==========   ===========
</TABLE>
















<PAGE>



                                SILVER RAMONA MINING COMPANY
                                (A Development Stage Company)
                                  Statements of Cash Flows
                                         (Unaudited)
<TABLE>

                                                                             From
                                                                           Inception on
                                  For the                For the              May 25,
                             Three Months Ended      Nine Months Ended      1967 Through
                                  Sept 30,                Sept 30,            Sept 30,
                                   2000      1999       2000      1999         2000

CASH FLOWS FROM OPERATING
  ACTIVITIES:
<S>                            <C>          <C>       <C>        <C>        <C>

Net loss                     $  (707) $    (250) $   (5,999) $  (3,296)  $  (120,020)
Adjustments to reconcile net
 loss
 to net cash (used) by
operating
 activities:
Stock issued for services         -           -          -         -          1,000
Changes in operating
liabilities:
Increase (decrease) in
accounts
 payable                      (1,907)       250        (62)      1,850          -
                             ----------   --------  ---------   ------       -------
Net Cash (Used) by
 Operating Activities          (2,614)        -     (6,061)     (1,446)    (119,020)
                               ----------   -------   --------  --------    ----------
CASH FLOWS FROM INVESTING
 ACTIVITIES:                      -           -          -        -             -
                              ----------   --------  --------  --------    ----------
CASH FLOWS FROM FINANCING
 ACTIVITIES:

Capital contributed by
Shareholder                    2,614          -      6,061      1,446       14,622
Issuance of common stock
for cash                         -            -         -         -        104,398
                             ----------   --------   --------   ------    ---------
Net Cash Provided by
 Financing Activities          2,614          -      6,061      1,446      119,020
                            -----------   --------   --------   -------   ---------
INCREASE (DECREASE) IN CASH
 AND CASH EQUIVALENTS               -           -           -        -           -

CASH AND CASH EQUIVALENTS
 AT BEGINNING OF PERIOD             -           -           -        -           -
                               -----------    --------   --------  -------    ---------
CASH AND CASH EQUIVALENTS
 AT END OF PERIOD             $     -       $   -        $  -      $ -        $  -
                               ===========   ==========  ========= ========   =========

</TABLE>
<PAGE>


                                SILVER RAMONA MINING COMPANY
                                (A Development Stage Company)
                            Statements of Cash Flows (Continued)
                                       (Unaudited)
<TABLE>
                                                                              From
                                                                           Inception on
                                  For the                For the              May 25,
                             Three Months Ended      Nine Months Ended      1967 Through
                                  Sept 30,                Sept 30,            Sept 30,
                                   2000      1999       2000      1999         2000

<S>                            <C>       <C>        <C>       <C>          <C>
Cash Paid For:
Interest                        $   -      $   -      $   -     $    -       $   -
Income taxes                    $   -      $   -      $   -     $    -       $   -

SUPPLEMENTAL SCHEDULE OF
 NON-CASH FINANCING
 ACTIVITIES:

Stock issued for services       $   -     $   -       $   -     $    -       $ 1,000



</TABLE>































<PAGE>




                            SILVER RAMONA MINING COMPANY
                           (A Development Stage Company)
                         Notes to the Financial Statements
                        Sept 30, 2000 and December 31, 1999


NOTE 1 -ORGANIZATION AND DESCRIPTION OF BUSINESS

On May 25, 1967, Silver Ramona Mining Company was incorporated
under the laws of Idaho with the purpose of developing mining claims.
On the date of incorporation, 3,000,000 shares of $0.10 par
value common stock were authorized.

Operations were never commenced due to a lack of funding and all
mining claims were lost.

On February 28, 2000, the shareholders voted to relocate
the domicile of incorporation of the Company from the State of
Idaho to the State of Delaware.

NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a.  Accounting Method

The Company's financial statements are prepared using the
accrual method of accounting.  The Company has elected a calendar
year end.

b.  Provision for Taxes

No provision for income taxes has been made due to the inactive
status of the Company.

c.  Cash Equivalents

The Company considers all highly liquid investments with a maturity
of three months or less when purchased to be cash equivalents.

d.  Use of Estimates

The preparation of financial statements in conformity with
generally accepted accounting principles requires management to
make estimates and assumptions that affect the reported amounts
of assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the
reporting period.  Actual results could differ from those estimates.












<PAGE>



                           SILVER RAMONA MINING COMPANY
                          (A Development Stage Company)
                        Notes to the Financial Statements
                       Sept 30, 2000 and December 31, 1999


NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

e.  Basic Loss Per Share

The computation of basic (loss) per share of common stock is based
on the weighted average number of shares issued and outstanding
during the period of the financial statements as follows:
<TABLE>
                                                 For the                 For The
                                                  Three                    Nine
                                               Months Ended           Months Ended
                                                 Sept 30                 Sept 30
                                             2000       1999          2000      1999
<S>                                     <C>        <C>             <C>       <C>
Numerator - loss                          $  (707)  $  (250)     $ (5,999) $  (3,296)
Denominator - weighted
 average number of  shares outstanding    500,300   500,300        500,300    500,300
                                       ----------   ---------     --------- ----------
Loss per share                         $    (0.00) $  (0.00)    $   (0.01) $   (0.01)
                                        ==========  ===========     ========== ==========
</TABLE>

f.  Unaudited Financial Statements

The accompanying unaudited financial statements include all of
the adjustments which, in the opinion of management, are
necessary for a fair presentation.  Such adjustments are of a
normal recurring nature.

NOTE 3 -GOING CONCERN

The Company's financial statements are prepared using generally
accepted accounting principles applicable to a going concern which
contemplates the realization of assets and liquidation of liabilities
in the normal course of business.  The Company has not
established revenues sufficient to cover its operating costs and
allow it to continue as a going concern.  The Company is seeking a
merger with an existing, operating company.  In the interim,
management is committed to covering all operating and other costs
until a merger is completed.











<PAGE>


NOTE 4 -STOCK TRANSACTIONS

In July 1967, the Board of Directors issued 1,200,000 shares of
$0.10 par value common stock for mining claims.  The claims
were recorded at predecessor cost of $0.00 per share.

In July 1967, the Board of Directors issued 10,000 shares of $0.10
par value common stock for services rendered during the organization
of the Company.  The services were valued at $0.10 per share.

On April 30, 1969, the Board of Directors initiated a public
offering in which 697,984 shares of $0.10 par value common stock
were sold at a gross price of approximately $0.15 per share.
<PAGE>

On February 28, 2000, the shareholders voted to effect a reverse stock
split of the Company's issued and outstanding common stock on a one (1)
share for 3.815968 shares basis and to amend the Company's Articles of
Incorporation and change the authorized capitalization to 50,000,000
shares of common stock, par value $0.001 per share, and 10,000,000 shares
of preferred stock.  The accompanying financial statements reflect the
stock split on a retroactive basis.


                              PART II

Item 1.  Legal Proceedings

    There are presently no other material pending legal
proceedings to which the Company or any of its subsidiaries is a
party or to which any of its property is subject and, to the best
of its knowledge, no such actions against the Company are
contemplated or threatened.

Item 2.  Changes In Securities

    This Item is not applicable to the Company.

Item 3.  Defaults Upon Senior Securities

    This Item is not applicable to the Company.

Item 4.  Submission of Matters to a Vote of Security Holders

    This Item is not applicable to the Company.

Item 5.  Other Information

    This Item is not applicable to the Company.

Item 6.  Exhibits and Reports on Form 8-K

    (a)  Exhibit 27 - Financial Data Schedules

    (b)  Reports on Form 8-K

             No report on Form 8-K was filed by the Company during the
    three month period ended Sept 30, 2000.
<PAGE>



                            SIGNATURES


    In accordance with the requirements of the Securities Exchange
Act of 1934, the Registrant caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                            SILVER RAMONA MINING COMPANY


Date:  October 1, 2000                 By:  /S/ Robert S. Turnbow
                                            ROBERT S. TURNBOW
                                            C.E.O., President and
                                            Director



Date: October 1, 2000                  By:  /S/ Dale B. Lavigne
                                            DALE B. LAVIGNE
                                            Secretary/Treasurer,  and
                                            Director
                                            (Principal Accounting
                                            Officer)






































<PAGE>