Thank You Copley! I am not the best at figuring this out, but using round numbers...
Mill 100k tons a day (max is 150k)
Get 1% antimony per ton 1,000 x market price
Get 1 oz. siver per ton 100,000 x market price
WIN WIN situation! The silver is actually a byproduct of the antimony. They have not declared reserves. but an older survey done by Mexican govt. stated one of our properties could have 1.8% antimony and 8 oz. silver per ton. We will be able to mine, smelt and mill in Mexico from our own properties. I haven't seen anyone give any estimate, but antimony is around 1,600 a ton and silver at 45.00. Even if antimony went down to 1000.00 a ton (not likely) and silver down to 20.00 (not likely), we are looking pretty hefty! This is without the Zeolite division. I really hope we are north of $8.00 a share next year. And please, if I am way off base here, please correct me, anyone!
Mill 100k tons a day (max is 150k)
Get 1% antimony per ton 1,000 x market price
Get 1 oz. siver per ton 100,000 x market price
WIN WIN situation! The silver is actually a byproduct of the antimony. They have not declared reserves. but an older survey done by Mexican govt. stated one of our properties could have 1.8% antimony and 8 oz. silver per ton. We will be able to mine, smelt and mill in Mexico from our own properties. I haven't seen anyone give any estimate, but antimony is around 1,600 a ton and silver at 45.00. Even if antimony went down to 1000.00 a ton (not likely) and silver down to 20.00 (not likely), we are looking pretty hefty! This is without the Zeolite division. I really hope we are north of $8.00 a share next year. And please, if I am way off base here, please correct me, anyone!
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