SILVERBUGS (SILVER)

[Sheep]

Man this one looks interesting but with the all in cost currently at just over $1,700usd I am not convinced to pull the trigger. I would like some guidance on how they think sleeping giant will impact their all in cost. It just seems very tight. I am afraid that the current inflation of energy costs will eat into their bottom line even if gold starts to move with inflation. I really want to like this one, and might pick up a small starter position.

I think it might be good for a one bagger, but even in 2011 it only hit .22 range. Plus the low volume makes it illiquid. I do like the share structure and the fact that they have all that infrastructure in place and are actively mining.