good work to the person who jumped in at 29.5 cents. If it gets back to that level i will be getting more.
at 29.5 cents the company has a market cap of $35m. They have 50 million oz of silver in the ground which is selling at $18 an oz. This means that the market is implying that CCU will have cash costs of about $17.40 per oz mining the stuff out of the ground. I'm pretty sure they will mine it for half that cost. Seems very undervalued to me or am i missing something?
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where to now???, page-9
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