Steve et all,
I am seriously considering getting in to this one. What I can't figure out is why the price is at a 52week low. Even the most conservative calculation I can come up with, give me a shareprice at least double of where it is at right now. Mexico seems to be getting a little "warmer" as a country to mine in, and recent releases seem to indicate nothing but good news. So, any thoughts on what is going on?
I read the Investors Information package, their approach to what they have seems healthy, financials are in order, the company has some money in the bank, What gives!!
I like situations where a company has allready proven reserves, that can justify the share price, it should limit any possible downside. I just think the market on this one is so low , I get the feeling there is a skeleton in that closet that I am missing.
It seems there is very little interest on SI for this company, lets pull together and look into this, gutfeeling tells me this could well be a winner.
All the best, Robert |
