20 million ounces of silver is approx. equal to 280k ounces of gold equivalent, so Nimbus at the current silver price isn't that valuable. However if the Gold/Silver ratio was 35:1 or 17:1 then that gold equivalent silver deposit is doubled or quadrupled in value. Finding more ounces of gold is a better tactic, so I am happy with the drilling program. Nimbus looks like a good bargaining chip.
HRZ Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
