Alta Mining entered the final stage of negotiations for a silver mining property. Also, both the favorable Canadian geo-political environment and a constant demand for silver are major drivers for an increased silver price.
Been doing some basic math and here's what I came up with:
Here's some steady figures to look forward to:
1 barrel of oil sells for around $100
200 barrels x $100 = $20,000 a day
$20,000 x 365 = $7.3 Million HIGHLY CONSERVATIVE!!!
This is exclusive of the revenues Cressent intends to reap off of the newly leased properties that is 6 new wells!
Plus Alta Mining yields some considerable profits off the mining resources in Canada and is gearing to exploit lithium deposit in Argentina.
YOU be the judge!