ASL 5.93% $1.11 andean silver limited

At the Diggers and Dealers luncheon Tim Laneyrie gave a great...

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  1. 11 Posts.
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    At the Diggers and Dealers luncheon Tim Laneyrie gave a great breakdown of where the company is at (spoiler alert: Its big and rich). What pricked my ears was a throw away comment he made at 20:47 about the resource upgrade coming out in the next five weeks.

    Like the upgrade that took the resource base that took the company from 25m oz silver to 50m oz silver, he said this one is simply cleaning up and cataloging existing drill results. So it should be another hefty lift given the number of drill results and existing known veins in the immediate mine area.

    Then there is another resource upgrade in December. Could this take us over the magic 100m oz mark?

    Then there is the grade, which at 311 g/t is equal to nearly 4g/t gold.

    And this is just the beginning of the story.

    In 12 months I would be surprised if we are not well over 2m oz at a grade equal or getter than 4g/t.
 
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