Replies to post #166 on Sunshine Silver Mines Corporation (SSMC)

[Star Gazer]

Nice post,

I have been holding SRLMQ for several years now and fully expect that what you have stated will come to pass.

With silver at $34.43 today, they can't delay much longer. Sterling Mine is a proven producer and has been maintained through the shutdown. The local workforce is ready to go. It appears that the B/A is starting to come alive and volume is creeping up. We just need to lose the "Q" at the end of the symbol and it's off to the races.

Come on Sterling!

[mick]

hi, i am sorting this out. I contacted Sterling months ago November/December sometime??? and was told in an email from the manager(no corporate officers under bankruptcy) that the Silver Opportunity Partners LLC owns Sterling from bid purchase and that Silver Opportunity Partners would be bringing the company out of Bankruptcy and settling the debt and shareholder issue(how much???) in the first part of 2011.

He new nothing more and said to contact Silver Opportunity Partners LLC for more information. I sent a letter to them but got no response. What is happening here I think is Silver Opportunity Partners LLC is waiting and trying to pick up as many of Sterlings shares cheap by those that bail out in frustration and when they have squeezed all they can then they will petition the court for finalization of and rebirth of the company with them holding most of the shares.

I think they know the court will not let them rip off the current shareholders out right and all has to be do above board as it has so far, meaning the bankruptcy court returned the mine back to Sterling and only then proceeded with the auction where Silver Opportunity Partners LLC paid I think 24 million for all of Sterlings assets which include the mine.

Silver Opportunity Partners LLC has the time to squeeze/pick up more shares cheap before finalizing it all. Silver prices are just beginning to go up and will be for many-many years and the Sunshine mine can be brought up on production quickly so you see I think this is a game of old fashion Chicken to see who blinks and sell their shares cheap.

I own the company and will just wait it out as it can not last much longer before they break the trend and bring the mine and Sterling back up on line. Sterling will shine again is my gut feeling and it is just a mater of when. This is why he shares have bee trading for months now at constant rate as these shares are slowly being accumulated cheap.

I rarely post responses only analysis of companies as I have to much business and not enough time right now. Be patient those that are invested will at least get their money back in the coming months if not make a lot in the coming years. I would not advise buying the company but if you own it sit tight and it will force this to and end. quicker.


i heard before bkrpt they were offered $100 mil.

there is one of my contacts whom said this.