I accidentally said 2.5 million tons in my previous post. Should have been 2.5 million ounces.
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Yeah woteva I know my PE is conservative, a lot higher is not uncommon. If silver takes off we will all be laughing. I sense the silver boom is only starting. The big players want a silver boom I reckon only to be followed by the inevitable bust. Till then silver has a long way to go. I do not think the current price of silver constitutes a bubble. Way to go still in my opinion.
CCU sell depth pretty soft at the moment. We probably will have a trading halt in the next month or so with regards to financing. Maybe other news in the meantime as well. Will not take much for this stock price to hit the 60's (cents) soon. Some people saying CCU is currently overvalued??? Best pure silver player in australia and ambitious company (2.5 million ounces per annum).
CCU Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held