silver 47m oz resource +1m oz pa prod , page-7

Yep, fantastic post JID, thanks. I am really keen on this one as well. I like the inherent industrial/precious metals production hedge. The large discount to estimated cashflows, the history of underpromising and overdelivering. The fact they have a purpose built plant to eliminate the risk of stuff ups/delays. The large prospective upside inherent in the processing of the tailings which is not being built into the sp. The fact that they are already in production is also nice. Won't be long before this one is rerated substantially. Look at the runs that AYN and CCU have had recently.

The question is not whether to buy, it is where do I get the money from and whether to go for BSM or MFC. Leaning towards MFC at this stage.