BML has been on my watchlist for over 18mths. Interesting reading and following, but as a non investor, the continued theme I have seen is delay after delay.
re, silver price, looking back to 1980 I have seen a correlation between silver price and US National debt. To keep that correlation, silver should be $50 now, and if us debt clock projection is true for 2027 at 45 trillion then, silver should be closer to $100 by then.
so if silver price rises then they could get funding more easily.
maybe they should go into hibernation for a while otherwise dilution and share price falls will continue. My gut says sub 5c in a bad scenario. And then there's also the risk.
risk is interesting. Bank term deposits don't have risk and you don't lose your money.
when will silver rise? When rates fall. When will rates fall? When they start printing money. Until then why take on risk?
just my 2c, here GLTLTH..
i will keep watching but yes, to me, management don't seem trustworthy based on their track record and certainly wouldn't make a decision based on what they state.
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Price($) | Vol. | No. |
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