Silver Elephant Mining Corp (SILEF)

[DFRAI]

I asked IR to place a value on the company and they would not rather they would say that each component of the company is worth more than the 15 million market cap that Prophecy has.

I would put a value of around 150,000,000-200,000,000 for the whole company....since they spent/capitalized costs of about 70-80,000,000...and this is not counting the 2.3 billion coal or the silver company.

Again, price of coal is down, price of silver is down...eventually they turn up and everybody wants it then....hope to be around next year and we all enjoy a significantly higher valuation...it could go up 1000% and still have room for growth if they get the PPA and start construction....cash flow will enable to develop silver, iron properties...

It does make a lot of sense to build the electric plant and to cut transportation costs