WA8 0.00% 5.7¢ warriedar resources limited

KN could talk under water, the man is a perma silver bull.AG...

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  1. 4,476 Posts.
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    KN could talk under water, the man is a perma silver bull.
    AG purchased JC from Eric Sprott back in 2021 for 470 million USD.
    With gold sitting at all-time highs, KN will be itching to fire JC back up again.
    I have heard him on at least 3 separate occasions offering JC mill as a regional toll treating option.
    The mill will be refurbed, it's just way too valuable to be sitting there for the next decade or so rusting away.
    There are only 3 mills with roasters in Northern Nevada.
    First Majestic Silver Corp. - There's no substitute for silver - Jerritt Canyon

    From what I have heard, the FCF from Gatos will help AGs ability to expedite growth projects like the JC restart.

    I do think a 2026 re-start is perhaps a little optimistic, but you never know if this gold price keeps ramping higher.

    Don Durrett is in regular contact with AG.

    https://hotcopper.com.au/data/attachments/6493/6493034-5f4876174863d0f6c7b9507cf0eba2e1.jpg
    https://hotcopper.com.au/data/attachments/6493/6493055-4c7da6f21280cda5333860551c64c87c.jpg

 
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