I remember seeing this stock come up in my scanner when it...

I remember seeing this stock come up in my scanner when it floated, and was quite suprised to see the rapid jump. Personally I'm not sure it is validated yet, but the silver resource is a decent backdrop for some underlying value.

I suspect the company plans to raise some more cash around the March quarter next year to expand the plant, probably off the back of some exploration on the gold tenement to get some appreciation in the share price. They certainly don't have the capacity to pay back the loans out of the gold stockpile as well as expand the plant for the silver. I suspect that is the true reason behind the company going public (assuming this is a new company, again I haven't read in-depth so set me straight if need be). It does seem an interesting prospect, has had a good run, and please no accusations of down ramping as I understand I've mentioned the prospect of cap raise. This is not the case, I do have an alert setup for this stock, it is below the current share price. If I don't get my desired entry I will reassess, but I'm in no rush to buy stocks at the moment. Any factual information that anyone cares to tag me in on around costs and projected earnings is most welcomed - not really interested in valuations on the resource this is simple enough to do. Have a good weekend.