CSE copper strike limited

how much silver, page-3

  1. 740 Posts.
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    :-)

    I agree Stefoid but from the numbers I have seen, we are probably closer to 6 mio ounces. Assuming a $10 price and 11 year mine life, that would give us $8.5 mio AUD per year.

    That's 9.5 cents per share not including cost of extraction and processing.

    If the price of Silver does increase significantly or tonnage increases, then obviously we are worth a lot more.

    I have a hunch we are simply in a year end lull and the price will start to move higher in the first week of January. If you want an example of this phenomena, look at AUN at the end of 2003

 
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