Chester Mining (CHMN)

[sanbrunobaby]

Historically CHMN shows a great percentage increase when there is a real silver boom as investors/speculators look for US silver plays.

As far as Revett, like Mines Management they have had permitting issue for years, even decades. I think you are right both would go up with positive silver prices. I guess what I like about CHMN is story is simple and management keeps costs down to almost nothing waiting for the time buyout happens. They have silver reserves and resources, for which they have no holding costs- and for which America's richest silver mine must have for long term production plans. So if I have to hold for 1,3 or even 5 years, which would give better percentage return ?

This is even more compelling than before. Sterling's production plan was 5 million ounces a year, new group want to expand to 8 million ounces. So they need Chester !!!

I recall Chester had other assets as well. So a market cap of under $700,000 is a steal.