Royalties Inc (ROYIF)

[MWM]

Xtierra / Answeres!!(From Stockhouse board)

Silvercat12
4/22/2011 4:33:46 AM |

I got this from Tim yesterday!


"There is no question we are valued as an explorationcompany and that the upside if you are a 'producing silver company' as thosecompanies trade at 10-20x cash flow. We have had delays with the pilot plant andmetallurgical testing which means we have not had much news to report. Terenceand Gerry are aware of this but this is beyond their control. I am expecting thefeasibility reports to be completed in the Summer, then financing in the Falland then construction in 2012 for startup and cash flow some time in 2013 butall timelines are subject to change.
For Laguna we need to get an agreement with the Ajidos-thelocal village, then bulk test, etc and Bilbao is the priority.
Latest ppt attached."

Regards,

Tim Gallagher
Director
Xtierra Inc.
220 BayStreet, Suite 700
Toronto, Ontario, Canada, M5J 2W4
Direct [phone]
Tel: [phone]

i like this line: "There is no question we are valued as an explorationcompany and that the upside if you are a 'producing silver company' as thosecompanies trade at 10-20x cash flow" Talk about a huge upside, and if silver hits 100$ we are going to be rich ppl by this company i think! First thing im going to do on monday - BUY MORE!