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Re: NYBob post# 467

Monday, 07/06/2020 2:32:24 PM

Monday, July 06, 2020 2:32:24 PM

Post# of 664
NY this is showing some life - the blasting at the top of the mine is IMO, has been so far a pretty shrewd move on John Swallow’s leadership and Jerseys management’s part and upped their gold recovery - they also filed to extend toward the north -at the top of the peak - the same blast zone. Their onto something likely. They from looks of it may have plans for a 2nd blast zone. We’ll see, or maybe a 2nd mill? It’ll be interesting to watch this unfold. Like seeing the actual mining taking place and forward moving Corp expansions. But IMO- making smart prudent decisions on where and how much money their spending. They keep PR’s to a minimum, and IMO - moving forward. Support here in .20’s lately - we’ll where PPS goes from here of sinks back a little. Either way - I’m not going ANYWHERE. However, with what their doing - I have been trimming some long held shares of next door neighbor Hecla off and I’m pulling plug on all of my HL shares within 30 days. After decades - it’s time to part IMO. I could go back - anytime- but I see long potential here with the JERSEY BOYS. IMO ONLY- HL it appears to be meandering as of late and with all of their production - it’s always been a fairly low PPS- saddled with some debt. IMO- I like the way Swallow is running this and it’s direction since he jumped up in the saddle with his boots on. I like their viewpoints on keeping debt low and shoot smaller. IMO - this has more potential than what the market has been valuing this. It’s here in AMERICA, supporting our precious metals industry and American economic security - Jersey is not in ANY far flung countries, chasing their tails, like a rabbit. Central Idaho, North Idaho, MT. Sign me up. Wait I signed up MANY years ago. Since Swallow arrived - it’s trending. If it gets past .25+ and high .20’s and into .30’s then it will gain more market cap slowly but surely. IMO the trick in mining is to spend less, not more and get as much precious metal recovery as someone possibly can - stretch it out- grind it out. That’s what they’ve been doing IMO. I was up the north fork CDA recently fly fishing my fav places and little known tributaries that feed it, deep into those mountains. Just a beautiful area, rich in mining history. It’s extremely stable with local seasoned expert North Idaho generational mining families - who are experts in that type of narrow vein hard rock blasting- and now their BLOWING top of their mountain that looms way up an adit- scooping up and trucking it down their S curve dirt road to their floater mill and it’s in the world famous Silver Valley. What’s there not to like here and did I mention their NOT chasing their tails overseas investing wasting hundreds of millions of capital that saddles bigger corporations? Their focused in their backyards and making lemonade out of lemons. Even if it slips below at some point below .20 - IMO- over time for myself personally - Jersey has real potential. I like small, I like low debt, I like staying in their backyard. I’ll be adding throughout this week and next 3/4 weeks. Go Jersey Boys - GO. The sound of the blast BOOM zone is a music to my ears and seeing trucks loaded up going in and out.
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