SLV 0.00% 74.5¢ sylvania resources limited

A good move buying SLV, Jag, and thanks for posting the Mineweb...

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    A good move buying SLV, Jag, and thanks for posting the Mineweb article.

    You can see from the buying, the company's presentations are going down exceptionally well here.

    And that's quite unsurprising. You can justify considerably higher prices than these on the tailings operations alone...which places virtually no value on Everest North at all!

    Yet consider: The combined Everest Nth/Mareesburg deposit is likely to be about 3m oz PGMs! Though we have yet to see details of the deal struck with Eastplats, I don't think there's much doubt it'll go ahead. Now, PLA is perhaps a lttle more advanced towards production, but ITS comparable asset base has the market valueing THAT company at $250m! Whatever final figure you place on Everest North, it's got to be worth more than zippo...particularly when you consider the depth of SLV management and their combined experience in bringing mines into operation!!!



 
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Currently unlisted public company.

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