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Opinion on which issue ?

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sanbrunobaby   Wednesday, 07/24/13 01:34:22 PM
Re: brandemarcus post# 41
Post # of 88 
Opinion on which issue ?

The fellows behind Sunshine Silver used the heart of the mining plan De Motte and Mclean developed, and decided to expand capacity- while getting just the right moment to go public. Since they have deep pockets they can afford to wait.SoI am not sure they would want to merge with USA Silver at these prices, unless they could get USA silver at bargain prices- or they gte tied of drain in capital keeping the Sunshine going.The USA Silver mine lower grade and tougher to operate. Keep in mind during the De Motte era at Sunshine a lot of focus was on rehabilitating the mine step by step- so Sunshine Silver guys got a property in many ways in better shape the USA Silver property considering the higher gade at the Sunshine.

Not sure CHMN would want to speculate on production timeframe at the Sunshine, but the NI43-101 report filed by Sterling on sedar had in appendix a production time table that you may wish to look at.

CHMN in the catbird seat, Sunshine Silver has to buy them out, and I believe this will happen at $10 per share plus.Sterling reported 50 + million ounce resource on Chester veins + even more important, of deep high grade targets at the mine for its future, several on Chester property.If you can find an old SterlingMining Company site or powerpoint I sem to recall there was a slide that showed this. Happy hunting !

Anoteh rissue is whether Chester has any APEX rights on its veins extending beyond property boundaries- even if they cant prove this, Sunshine Silver wont want to get tied up in litigation.

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