Americas Silver Corp fka USAPF

[SOUTHPEN]

Good post stkjunky. Private capital raises red flags for me. The assets at Galena are extra ordinarily good. The management team seems competent in proving the value . If we need cash ,go to a commercial bank. They might wonder why a company with these assets doesn't have a better balance sheet. The answers likely are liability assets like Drumlummon (at this point) . Possibly management could take a haircut on salaries,bonus's etc..
Banks scared to invest in a solid silver miner at this point in time better get into another business because in my view , good mines are going to be real estate that can actually appreciate in value over the time of the loan. 1% above prime sounds right to me,no options ,no warrants.