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Re: bbotcs post# 32814

Thursday, 10/27/2016 8:20:09 PM

Thursday, October 27, 2016 8:20:09 PM

Post# of 35713
Re USA I think they just want the cash and to be in a position to have options or be secure in case the market turns. The only other CAPEX I can think of is the $ they are spending on cost savings. As to acquisitions, had I thought of that, I would have asked. Logically speaking, since mgt is experienced ex Barrick, they acquired Scorpio and turned into a multi mine company, thats options probably on the table. Also they have 2 other mines that shut down around 2013 due to low silver price, if silver bumps high enough, I imagine they could throw some minimal money at it and make something happen. I think things will clear up when they put out the financials mid Nov

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