US Precious Metals (fka USPR)

[optionsexpert]

Im as discouraged at this share price as the next USPR veteran but I'll say this. For as little people who know about the stock it's holding up pretty well as these converts continue to blast out. Tons of shares (relatively) the past few weeks and there has been buyers down here. Frankly, that demonstrates the belief a small group of people have in this story. Does that mean it will work out with a drill, prove, sell? No.

It still would be a miracle with how gold and the metals continue to get pummeled. What outside investor would pay "up" for a stake in a mine at this point? Only way uspr succeeds is if there is a demand for gold mines and private equity starts bidding around the globe and uspr is bought up using other people's money. Sovereigns won't have interest in overpaying.

Anyway... Hopefully Burney can put together a full feasibility report for the main zone before we whittle and die.