Not much more needs to be said here after you view the presentation. Former SVP of corporate development for Barrick has lead a huge turn around after last 3 years. Bottom likely in at $.30 as just did a large PP with Sprott to finance the San Rafael project.
"Going forward this quarter will the first quarter in years that the cost of production is below the cost of silver" This is the blue-sky hold thesis
"By 2018 the cost of production (silver) will be zero due to the byproducts" (referring to Mexico fully permitted, brownfield, $22M capex San Rafael project with strong, lead and zinc credits - slide 9 above)
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