SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: roto who wrote (53694)12/3/2007 4:49:05 PM
From: marcos  Read Replies (1) | Respond to of 78431
 
ccu.to - not too surprising that it sold back, after a run like friday's, and the release had an ominous tone, could have been read to mean they were shutting down the mine for all time ... i haven't sold any, and would have had a bid in .11ish if i'd been on the ball at the open ... somebody will come along and take them out soon imho, since Terrazas and the other property have considerable value, it's not just the LV

Market cap at .15 times 180m = 27m
plus stupid hedging cost of 15m
plus debenture debt of 69m
.. total 111m