Silver Mountain Resources Inc (AGMRF)

[Lowjack]

The only income they have is from the sale of shares. Sprott is in the process of papering over an unprofitable mine that was liquidated(losing bet). They are burning through $3.5 -$6.5 million a quarter!
Note: Silver price ~$15/oz. not profitable during 2017 timeframe.
https://agmr.ca/wp-content/uploads/2022/08/AGMR-FS-Q2-2022.pdf

Financing activities
Proceeds from issuance of shares in IPO, net of costs $19,196,794 -
Repayment of Trafigura loan ($2,944,028)

IMO dead money!

P.S. Technology didn't change in the last 5 years!
Low grade high cost producer, project page on website describes an uneconomic resource.
Use GORO or FTCO as examples of what is an economic resource.