According to many sources including Rick Rule and Casey Research to mention a few, claim: 1 in 3000 mines world wide actually make it into production.
CCU went from a explorer to a now 1.2m oz producer in 4 yrs. They have done a excellent job, with a few hiccups. Soon to be 2.5m ounces producer. What they have achieved has been excellent.
If i were i a betting man, I WOULDN'T bet against them. Sure a full ramp up MAY take a few months longer, but by the end of this bull run in the next few years, CCU will be in the dollars....As Silver will rocket higher.
CCU Price at posting:
55.3¢ Sentiment: Buy Disclosure: Held