Replies to post #51 on Scorpio Mining Corp. (TSX:SPM)

[oldguy]

First let me say I have a love for that mine going back to 1960. It was then owned by ASARCO. Its not a silver mine. It is a base metal mine. LEAD and ZINC. At the present run rate if SILVER goes up a dollar an oz. It only adds 200,000 to the bottom line. If ZINC goes up .10 cents a lb, it adds one million 200 thousand to the bottom line. They are not even running at 50 % yet. This is a long term hold.Will double this year and double the year after. If the SILVER price takes off it will be a winner. If it does not, it will still be a winner. This is old, there are now more shares out. The ratios may change a bit, but it is still the same premise. The properties that they just got with the merger have even more zinc than their present mine.