on page 2 of this ann,
"The contained metal equivalence formula is based on the following assumptions made by Argent:
Silver price: $US 30/oz ($US 0.9645/g) Gold price: $US 1,500/oz"
The assumptions on Ag and Gold price was too high and never yet been reached over the past few years.
And also check on the grade, is a bit low compared with its peers.
Anyway that is probably the reason for the share price.
IMHO
on page 2 of this ann, "The contained metal equivalence formula...
Add to My Watchlist
What is My Watchlist?
