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Silvergoldenapple

08/11/14 10:43 PM

#17115 RE: bar10der steve #17114

Thanks for sharing this about USGIF
I like the part that says.
"The fact of the matter is that USSG is flying under the radar when it shouldn't considering that it is a quality company that making improvements and generating cash-flow all the while it is undervalued. I suspect that as the company begins to report profits investors will see how USSG has improved its cost structure and its potential as a long-term producer with a very long mine life. This makes the stock a buy at the current valuation, and the time to get in is now before other investors figure this out."
and
"The market has begun to recognize USSG's cost-cutting measures, and we can see this in the company's relative outperformance: the company's stock has outperformed the Global X Silver Miner ETF (NYSIL) this year by nearly 30%. However on a DCF basis I think the Galena Project is worth substantially more than $39 million at $21/oz. silver. Given that the net value of the company's other assets comes to about $0 assuming its other two mines have no value we can see that by extension USSG shares have significant upside potential from here."

I do not agree that the' other assets besides the Galena Project are worth $0" ?

At least someone is noticing our little company though.
One of these days...