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Re: J_Dean post# 635

Wednesday, 02/14/2024 10:13:19 PM

Wednesday, February 14, 2024 10:13:19 PM

Post# of 661
Hi J. No I didn't hear about the landslide. What a terrible tragedy. I haven't invested in mining since my foray into Hellix. As a result I only watch the markets not individual companies. The circumstances might present a good buying opportunity. However there are many important things to consider : 1. How much it will cost to dig out and how long it will take ? 2. Cost of repair / replacement of equipment. 3. Cost of hiring and training new workers. 4. How long it will take for the insurer to pay out and will it cover all losses ? 5. Will anyone insure them again now that it's known the property is a landslide risk ? 5. How much silver are they still sitting on ? 6. How much damage did the landslide do to their ability to mine it out ? Best wishes. -Lamont