Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (28858)	11/7/2007 1:47:39 PM
From: anializer	Respond to of 78748

I'm trying not to lose sight of the value I perceive in the company, despite the stock price slide of late which is never encouraging. When I reviewed the deal they made to sell all silver from a particular mine to a small Co. at a set price around $3.26 or so an oz. at first it threw me. But after going thru all the numbers along with the upfront cash payments to LMC, and anticipated mine production from that mine, the only conclusion I could reach was that LMC got the far better of the deal. I did evaluate the deal in depth and should have my notes somewhere among my files.