Why are you here non holder?
I assume you are a failed investor who wants to warn others that investing in mining stocks is risky and because you don't have the nerve to invest nobody else should take the risk either because there is no guarantee of success.
anyone who invests in explorer/developer mining stocks is here because they want the potential for multi bag returns and realizes the risk is higher but if it comes off the rewards can be substantial.
The reality is there are very few stocks on the ASX that give exposure to silver and even fewer that have a realistic chance of becoming a producer this decade and most of us here on the BML thread probably own the stock for the exposure to silver and if silver finally decides to break out towards all time highs the ensuing mania will take care of any issues financing the mine.
East Coast Research have a valuation target of 80 cents assuming Sorby Hills can be financed and that assumes silver doing nothing special.
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