tasty, the last time I had a big punt on a silver junior was MMN. In the 6 month period starting around spring 2005 and ending autumn 2006, until the winter chill froze it out, its market cap rose from around $50million to $200million plus before the brutal descent into the abyss, which fortunately I was able to watch from the sidelines having pulled stumps on it.
i remember a silver play in 1997 going up by some mindboggling amount all over a two million ounce bonanza lode in WA somewhere
Now CCU is a better silver play than MMN ever was and I see the market cap rising to $200million within 9 months which of couse is over $1.50 a share. $200 million is not even overvalued if you see a long term price of silver over $25 since they can produce for sub $6 an ounce if lead is over a buck a pound.
I also see SVL rising to $25million plus market cap ( from $5million) on the assumption there is a very significant resource upgrade in a couple of months.
Longer term ( 2 years)assuming the silver bull remains intact and the companies progress their projects without any drama, CCU at $500million market cap and SVL $100million is possible
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tasty, the last time I had a big punt on a silver junior was...
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