re: mmn & silver presentation/4 acturtle I went to the presentation in Auckland today. It all comes down to two things:
1. Price of silver goes up and not down.
2. They get their 12 cent options exercised at 30 Sept and raise close to A$10M.
I was satisfied that at current prices the operation was a goes. Also what really does it for me is the graph showing how quickly the surplus silver stocks held by various govts is rapidly running out. At some point, the physical market price will need to rise to recognise the supply shortfall and encourage more mining.
Am keeping mine, but more medium term that short term hold.
MMN
macmin silver ltd
