Value Microcaps Junior Miners

[checkmate28]

Curlews re AUN Yes those were some nice words for reverse split. They are watching 2 companies that recently made the move. One has to be USA Silver who did a reverse end of Jan. Hasn't affected the market cap as of yet. The other I do not know.
If the RS is instituted to allow a better market and to get the share price to a certain amount that allows institutions with SP restrictions to purchase the stock, then I like the idea.
The recent financing was for 125 million additional shares. Sounded crazy but it allowed for the guaranteed funding to get shafter done ASAP and probably ahead of schedule. As basserdan pointed out, the IRR on shafter is 148% @ $33.98 Silver so the payback will be around 8 mths or so. Im assuming thats how they justified the deal and also figuring they will shrink them back later.
Lenic said they are looking to acquire a 3rd mine to boost production further and help avoid a take over.