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Re: maverick1856 post# 338

Saturday, 01/31/2015 2:40:46 PM

Saturday, January 31, 2015 2:40:46 PM

Post# of 356
Of course but was the drop excessive since it's market cap is lower now than mgn next door which is much earlier in the permit process for montanore than for rock creek? Assign 10 million value for rock creek less than the 16 million value for mgn. That leaves you a 5 million valuation for troy.
A call option on reserves of more than 8 million ounces of silver and 60 million pounds of copper. Yes it's slightly uneconomic but does anybody know for sure that silver or copper will be lower 10 years from now and every year of those 10.
The 15 million market cap for rvm is not rational!