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


To: loantech who wrote (56465)2/13/2008 1:58:04 PM
From: AlphaRomero  Read Replies (3) | Respond to of 78411
 
Don't forget that HL and ILDS.PK have had long-term litigation and that HL is mining on ILDS.PK's property. That would be complicated for USA.V to take on. HL is a natural suitor for ILDS.PK to "bury the legal hatchet".

Speaking of Silver Valley consolidations. I wonder how AZG.V's acquistition of the mighty Bunker Hill is going? I don't own it, but may buy after the acquisition and dilution.

SRLM.OB also holds enviable land positions in the Valley that are under-utilized.

It should be interesting to see how much attention this brings to the Valley. (also, Hecla bought-out Greens Creek yesterday and doubled their production as a result)



To: loantech who wrote (56465)2/13/2008 2:36:52 PM
From: marcos  Read Replies (2) | Respond to of 78411
 
usa.v - Alpha's point is the major factor, legal situation gave Hecla the edge, they had em screwed fair and square ... big jump for Independence holders, from pinksheets to NYSE

But one thing this means is that usa.v won't be weak from the trepidation that comes along with holding an acquiror when they're in gobble-mode ... as for numbers, all i recall is that they're pretty healthy, it was a brilliant move to hedge half the lead at 1.55, probably now the market is waiting to see how they execute - if those numbers are borne out, we'll do fine

All silver plays are scraping bottom, there is no conviction, no following of the metal, same as in golds but more so ... look at Genco, pretty cheap [see how they bought a ball mill, i don't hold a share but have been thinking about it] ... seg.to - same price range as usa.v, crazy when you consider their situation, share structure, cash position, etc ... there has to come a general shift before we get any reward out of this business, obviously Hecla saw value and pounced, but they're ahead of the herd