For a couple of reasons; FRB is on board. Always seems to pick them!
The current drilling program looks very promising. BHP JV
Targeting some serious amounts of silver. As well as lead and zinc
Silver price is currently trending up just have to look at the likes of CCU and AYN.
Assay results due early next month according to BRR.
MC of 11m looks very cheap to me with BHP spending 10m over 5 yrs as has been noted earlier.
I'm in today at 5 and will look to buy more but it does appear someone is selling some stock currently at .05. Doesn't want to sell lower than that it seems but some good volume through today at that level.
Other silver plays AYN MC: 19m
CCU MC: 33m
BRW Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held