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Re: rrten post# 33633

Friday, 08/04/2017 9:27:47 AM

Friday, August 04, 2017 9:27:47 AM

Post# of 35713
rrten ASM I hadn't had a close look lately until today. currently producing 2.6Moz at near $10 AISC with a $110MC. The paid for mill expansion gives them a 70% bump in 2018, plus the tailing expansion PEA shows an IRR of 48% and would bring them to a 5M eq oz Silver producer.
Looks like a solid investment, but not enough to get me to part any dollars right now.

GORO Investors getting tired of waiting but Ive been saying 2018 is going to be the big year. Buying well under $4 is an good idea. The contract miner/truckers hurt them at Alta Garcia so we missed the bump. Switchback and AG going to start firing more ore Now. Theres some zinc in the Alta Garcia ore to add to the $39M pounds/yr there shipping now. While earnings arnt increasing, they are increasing value every month. There will be a production bump in Q3. Livermore would like my patience. Lets hope the Nevada Meridor permits come soon.

Excellon Resources EXN going to start making money soon. The water is gone allowing them to start mining the highest grade Ag ore in the bus. Still only planning for 4M AgEq. ASM looks good sitting next to them.

USA Silver looking like its going to gain some nice value as well.

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