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Re: SOUTHPEN post# 14130

Friday, 07/27/2012 2:57:00 PM

Friday, July 27, 2012 2:57:00 PM

Post# of 17231
SOUTHPEN, E.g., HL spending $200 million on their Lucky Friday
mine to go to 8,800 level -

so they waked up and try to buy us out for -
fiat-peanuts -

only our USSIF shafts would cost $BILLIONS to
re-develop @ current cost -


HL E.g., on The Lucky Friday mine property that Hecla said it will spend
$ 200 million to expand operations by sinking a deep
new shaft (more than a year ago) –
burrowing down to the 8,800 level.
It will be the deepest mine in the District, dropping below
the Star-Morning’s 7,900 feet.

It has since been death accident after accident -
closure after closure @ Lucky Friday Mine etc.


HL sinking of the deep shaft -
Have made and makes huge problems reflextion for HL shareholders -
when they get down to 8,800 it may be to hot for any
human to go down or touch the hard rock without very expensive
air-conditions? etc. etc. etc. -
(office pen pusher rattlesnake-brains don't understand?) -
leave a right etc. etc.


SAY NO - ITS A NO NO - HOLD OUT FOR A BETTER OFFER -

USSIF TOTAL Market Cap: ONLY FIAT $112 MILLION -
http://tmx.quotemedia.com/quote.php?qm_symbol=USA

USSIF REAL MARKET VALUE ON A LEVEL PLAYING FIELD $BILLIONS ++++ ++++


HL LT management performance repeating itself -



the offer of only fiat-cash = again-
backward, empty-headed, muddleheaded, imbecilic, moronic,
foolish, unwise, ill-considered, childish, ill-advised,
ill-judged etc.


history often repeat itself -

The all out cash offer is stupid, unintelligent,
simpleminded, rattle-brainded, duncelike etc. & making tax complications
for some of USSIF shareholders etc. -
ex. trigger captital gain 666 tax for some etc.

at least the HL offer should be made of combination of
cash and/or HL shares etc. to take a share offer
would be better to make USSIF shareholders to ride with
HL Long LT TEAM if they want to join HL Ag-ride -


management performance often repeat itself -


Market has started to realise what a mountain of Silver
U.S. Silver Corporation (USSIF) owns -


E.g.,
The Dayrock mine with its hidden Mother Load -
is in itself worth more than the
HL low unsolicited offer -

The Dayrock Mine -



The Dayrock Mine north of Wallace, Idaho
(View to the south)

This Silver-Lead-Zinc Mine and Mill -
operated intermittently from 1924 until 1977,
producing 6,500,000 ounces of silver.

In 2007 the mine and mill facility was purchased by
US Silver, which intends to explore for
new silver veins -

http://wikimapia.org/5448127/Dayrock-Mine

http://wikimapia.org/#lat=47.511621&lon=-115.9000325&z=16&l=0&m=b

U.S. Silver responds to unsolicited offer

http://ih.advfn.com/p.php?pid=nmona&article=53603601&symbol=USA

U.S. Silver Corporation (USSIF) IS THE OLD LT REAL MONEY -
insulting to compare to current fiat fed fraud currency -

U.S. Silver Corporation (TSX: USA)




("U.S. Silver" or the "Company") today responds to a press
release issued on July 25, 2012 by
Hecla Mining Company ("Hecla"),
which announced Hecla's intention to make an all cash offer to
acquire all of the outstanding common shares of U.S. Silver
for C$1.80 per share and all of the outstanding common share
purchase warrants of U.S. Silver for C$0.205 per warrant (the
"Hecla Offer").

The Company's board of directors is in the process of reviewing and evaluating the announcement with its outside financial and legal advisors and will notify shareholders of any recommendation in respect of the Hecla Offer by the board of directors through a news release and circular in accordance with applicable securities laws.

The board of directors will update shareholders from time to time on developments relating to the Hecla Offer and the Company's proposed combination transaction with RX Gold & Silver Inc. ("RX Gold") announced on June 7, 2012. The combination agreement between U.S. Silver and RX Gold will remain in effect unless terminated by either party in accordance with its terms.

The Company has retained Cormark Securities Inc. as its financial advisors and Stikeman Elliott LLP as its legal advisors.

About
U.S. Silver U.S. Silver, through its wholly owned subsidiaries, owns and/or operates
the Galena,
Coeur,
Caladay and
Dayrock silver-lead-copper mines in Shoshone County, Idaho,
with
the Galena mine being the second most prolific silver mine in
U.S. history.
Total silver production from U.S. Silver's mining complex has
exceeded 217 million ounces of silver production since 1953.
U.S. Silver controls a land package now totalling approximately
14,000 acres in the heart of the Coeur d'Alene Mining District.
U.S. Silver is focused on expanding the production from
existing operations as well as exploring and developing its
extensive Silver Valley holdings in the Coeur d'Alene Mining
District.

SOURCE U.S. Silver Corporation


Hecla made a cash offer to USSIF's shareholders -
CDE should make a better offer to U.S. Silver Corporation
(USSIF) shareholders
with exchange of shares etc.


management performance often repeat itself -


the fiat$ is bankrupt & too risky to hold over night -

would make no sleep -
the one with fiat in the pocket will
exchange it for Silver REAL MONEY a.s.a.p. -
to be able to get LT real hard asset money


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77879807



we expect other mining companies to come into this deal now -
USSIF is a Silver bargain -


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77832569
God Bless

Ps.
stay out of 666-banksters etf's will be
the 1st to be confiscated by the 666 pawns -



My opinions are my own and and DD I post should be confirmed as unbiased

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