The biggest short squeeze in the world?, page-5126

  1. 13,443 Posts.
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    Here is my chart adjusted for the IPO price of Sun Silver. Very cheap entry price per Oz for sure. A real rip screamer on this measure.
    Very Complicated legal structure and issues over the mining leases/options. Very long detailed legal issue discussed in the prospectus.
    Big inferred resource, starting about 100m below surface. Expensive?
    Raising 13m to pay for options (about 5m) and 4 Million drilling and exploration. Will need way more to firm up resource.
    Nevada is good generally.
    Geology suggests that it is not simple processing to remove metal from ore. Expensive?

    https://hotcopper.com.au/attachments/image-png.6133782/?temp_hash=69cd8cc4c10f9f8b41b437a97a87281b


 
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