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Re: silver-bullet post# 7373

Thursday, 04/06/2017 9:07:42 PM

Thursday, April 06, 2017 9:07:42 PM

Post# of 7810


Well Ya.... for sure SB ...like for starters... the Chinese tried to pull a fast one on their original..... LOW BALL....offer by not including about 4 of the other mines on the property which were supposed to be part of the asset sale as first agreed upon! But they only wanted the cream of the crop.... that of course being Flagship Mine Dadi...! However..the other 4 mines are not worthless by any means....and have graduated to a higher grade quality since then I do believe? Pretty sure about that? Maybe a some total market value of an additional 10mil @ least fore all 4 which Chinese are now including? You also have to factor in that even Dadi itself did not have Mining License approval @ that time if FDAs memory is correct?....but does have Chinese Ministry approval now which is a huge plus! More added value...in todays market! There is a 3rd point I wanted to make but forgot what it was...! In all fairness however the price of silver was a couple dollars higher back then...!

However all in all I am still saying .09 to .10 PPS sounds about right for today's value!! O ya ....the 3rd point about your debt est. @ $9mil is pretty far off ...!! More like about 5mil once Marc negs down with creditors...who he says he has a very good rapport with?? I think Marc may have actually mentioned this to me during one of our phone conversations if I am not mistaken? Debt should end up being about 4mil less than you projected...

4 other mines Chinese wanted to leave out...ZHUVANXINWN..SHIDIDONGGOU...YUANLIZBEISHAW...AOBOATUGOUNAO..

Hope this offers some satisfactory constructive input SB?

GL FDA

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