Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: koan who wrote (45426)	7/23/2007 9:47:49 AM
From: Nostradameus	of 78419

There is value... not a 10 bagger though !! They closed it because difficulties with recovery and low zinc and lead prices at that time. Blue Note bought new Isa machines ( Xstrata technology ) to improve the recovery. They refurbished the mill also. With Zinc and lead at abouce 1.50 $ they should make a healthy cash flow. A lot of shares out but Octagon evaluated the NAV at 1 $ per share and it was with lead at 0.60-0.70....if I remembered well. BN is a good way to be in the zinc and lead. Not a multi bagger but can give a nice % on the money.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next