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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (56304)2/5/2008 6:16:50 PM
From: loantech  Read Replies (1) | Respond to of 78411
 
Not sure if USA will be cash flow positive but close and each month improves by inches.

Depends on what they acquire or merge with? ILDS, they have lot of silver and lead?

Not a lot in the reserve category maybe 50 mill or 10 years production which is good for an underground. But should add another 20-50 mill in M&I and inferred. Assays may be pending also.

WGI I am holding what I have. Looked at the projected cash flow and earnings on their latest presentation and looked at the multiples of those being used for Western vs their peer group and they have a large gap to fill on the upside IMO. Western has been very conservative with all numbers. So after twisting numbers for a while last night I became even more happy with it.