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ChrisSydney1984

364 Posts.

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14/09/20

10:05

Post #: 47313244
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Originally posted by goldbear77: ↑

there's probably a simpler way to test the correlation to silver price

you look at zinc and lead stocks and see how much their sp's have rerated by. if they havent or havent much then you know MYL is rerating primarily on its silver. which was my point. trying to parse the %s is a waste of time imo

so for eg TZN is basically a pure zinc play - it does have a small gold project but its basically a pimple valuation wise

RVR is 2/3rd lead/zinc producer but with gold and silver development/exploration

NCZ we probably have to exclude because it had the GORO transactin which caused both its rerate and now de-rate

I;m not going to do the work for you - just pointing out how to think about these things in what might prove a more constructive way

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I had done a few more correlation exercises for MYL with peers and also with a weighted metal price combination of silver, zinc and lead.

MYL Price at posting: 9.9¢ Sentiment: None Disclosure: Held
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