Hi, digilby, CCU is the best straight silver play as far as I can see.
My concern regarding a TO is that if Metals X does it, they seem to always have their price suppressed and don't seem interested in a higher SP. Under the radar type of business?
They seem to quietly accumulate sensible assets such as Westgold and two years ago one which I think was a silver stock (AAC was it?) and they have the only tin producing mine/s in Australia together with YTC Resources. They seem to accumulate assets so that they slowly grow without getting to much hassle from government discretionary boards perhaps?
Though I see Metals X as a potential mini-BHP, it may be they are just not interested in a high SP. What do others think?
Conversely, this could be the surprise to the upside of the year. It could be, but.....why aren't others so keen? Is it the strong presence of Chinese backers that would make a TO difficult or impossible? What?
NMT Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
