claude,
This company has tremendous momentum. Good will beget good. They are going to be able to build their resources and reserves very easily.
At $5 silver and $290 gold, the cash flow numbers look like this:
June July August September October November December
$187,000 194,000 480,000 500,000 $500,000 520,000 475,000
Silver is $5.60 today.
Most silver companies are LOSING money today. Hecla for example. ECU is going the other way with plenty of cash on hand. In 6 months they will be able to maneuver and build resources quickly and will take the investment community by surprise. The trip down there was a very big success and impressed ALL. It is going to attract some big boy investors.
Thus, I see this stock going to $3 Cdn. by year end, assuming my silver call of $9.78 is correct. If silver goes to $9.78, the market cap of the other firms that you mentioned will soar also.
Bill |
