Always find it interesting when people who hold no stock post.
Just to clarify a few points. The proce of silver in 2007 bounced around between $12 to $14 per ounce, going a bit higher and a bit lower, but mostly in that price range.
The cost of producing for mrp has been signalled at approximately $10 ounce.
They still have $8m + and based on outlays, there is no suggestion of a cr at this stage.
They go into production within 12 months and we all know what happens when juniors go into production.
Sorry, but i dont share your gloom, but then again i hold stock and my interest is in the price going up..
MRP Price at posting:
20.0¢ Sentiment: LT Buy Disclosure: Held