Posted a few months back on AZS, I'm not a big fan of the back in rights by Teck or the fact what they have discovered so far has mostly negative processing issues (low to moderate recovery and or penalty issues). I would want to know how much of an asset i'm buying and trying to value. That said, rising price deck will do wonders and they have new leverage with additional gold silver exploration on the same leases. Chart looks like breaking higher again. So trade the trade, local listed silver plays can multi bag but never produce an ounce as they are not in the same ball park quality as other non asx stocks mentioned. Throw in IVR and ARD in the same basket, will move hard with price but will it be a mine? Not sure. They achieved limited real traction during the previous period of high silver prices. It sounds harsh but i remember so many epic silver fails trying to start production down under. Is this time different? Remember MAR? Epic flop of an IPO at good silver prices. Why?
