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Posted On: 10/13/2017 9:52:14 AM
Post# of 9903
repost from pigbilly 2/21/2016 (note corrected value) I say bring it on MSJ !
$10,000,000 was the value of the ore being processed when the dark period began. About that time I ran the numbers and the known Cinco reserve was indeed a $100,000,000 profit at $10/oz silver, which coincided with the $0.20/share book value. Add to this the unproven reserves at Cinco plus the acquisitions and there should be quite some value here.
Still holding.
$10,000,000 was the value of the ore being processed when the dark period began. About that time I ran the numbers and the known Cinco reserve was indeed a $100,000,000 profit at $10/oz silver, which coincided with the $0.20/share book value. Add to this the unproven reserves at Cinco plus the acquisitions and there should be quite some value here.
Still holding.
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