Very good point ! I was accidently working my way thru their homepage today for getting informed as well as possible before making a buy decision , and trying to find out if they are ONLY Asx listed or also on Tsx-v . ( Without tsx-v listing is a no go for me personally )
Second I stumbled upon their almost "ultra " low grades of Silver and especially Gold (0.5g/t! ) Sounds like a Monster ! But the tailings will be the real monster , and the recovered oz will be marginal expressed in their proclaimed production target of only 8moz a year from a 175moz Ag resource .
If we are indeed on our way to 50u$d this year and triple dig.$ Ag the years after , Aisc's may not matter , BUT I prefer to have higher grade ,higher concentrated resource explorers in my portfolio! So i decided against ..
Aoimho.
SS1 Price at posting:
72.0¢ Sentiment: None Disclosure: Not Held
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