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Re: lowtrade post# 26268

Sunday, 11/27/2011 12:57:13 PM

Sunday, November 27, 2011 12:57:13 PM

Post# of 47295
AUMN opportunity of a lifetime IMHO

Why ?

-85M$ Cash

-0$ Debt

-38M Float (Fully diluted)

-350 to 500M once of silver (Mexico + Argentina)

-Already producing (1.5M in 2012) in Mexico (In 2014 Will produce + 10M Once silver/year for less 5$/once cash cost)

-Same profile of AG (First Majestic) two years ago

-Projected Market cap in 2014 2 to 3B$ (now 240M$)

-Even If they need to sell another 20M shares, the float will still be under 60M shares.

-Price target 35 to 50$ in the next 24 month


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