The historic mining town of Wallace (population 960) is nestled beneath Interstate 90, halfway between two ski and recreation areas in northern Idaho's beautiful Silver Valley.
USSIF/USA's agenda priority should be to establish the control of at least 51% of the outst. shares -
USSIF/USA's shareholder we should all be encouraging the company to look at buying shares back and all the way up - while the silver Ag price is below $30 per ounce - and the USA/USSIF share are undervalued and oversold - its a great opportunity of USSIF below - a fiat$/sh to start the buy back -
"U. S. Silver generates 6% of U.S. silver production from its Galena Mine and Mill. The company's holdings are a combination of fee land, patented mining claims, unpatented mining claims and mining leases. As of 2010, it is profitable, carries no debt and produces silver at an average cost of $11.50/oz. With completion of rehab efforts/opening of the Galena shaft, the company can now move ore from two shafts. Two distinct ore combinations are present—a lead/silver ore and a silver/copper ore. . .With both shafts now operating, the company expects to produce 3.3 Moz. Ag (not silver-equivalent) in 2011. Current production is running at about 2.7 Moz. annualized." David Morgan, Morgan Report (07/06/10)
USSIF/USA has a long hike back UP to a more fair share price -
..the investors who bought the IPO shares - ..they listen to the banksters brokers promo - ..and their investment is down a lot - ..would like to see USSIF in a more fair share price ..to give back the confidence for a LT good return for the old-. ..timers who got USSIF up running in the first case ..they are well worthy and should be honored to see a $3.-/sh price and higher .. USSIF is a steal at this low bargain prices - .. to muc undervalued and oversold - the low prices makes it a shame for the whole mining industry - in the US silver mining.
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