Replies to post #32814 on Value Microcaps Junior Miners

[checkmate28]

Re USA I think they just want the cash and to be in a position to have options or be secure in case the market turns. The only other CAPEX I can think of is the $ they are spending on cost savings. As to acquisitions, had I thought of that, I would have asked. Logically speaking, since mgt is experienced ex Barrick, they acquired Scorpio and turned into a multi mine company, thats options probably on the table. Also they have 2 other mines that shut down around 2013 due to low silver price, if silver bumps high enough, I imagine they could throw some minimal money at it and make something happen. I think things will clear up when they put out the financials mid Nov