with that said, the mine is small IMO, but still can have a few hundred million dollars worth of metal. From the PR and filings, there is a mill nearby from an existing operation. They don't explicitly say they will use that mill, but they will, connecting the dots.
OK the SS:
216M O/S 16M float, BUT, as of the last filing they had $124,000 in C/D, dropped onto the market as 124M shares about 2 months ago. This is awesome, it not only cleared any debt they had, now zero, but it also allows for float that people can trade.
IMO the O/S now 340M and float 140M based on the trading action.
No more debt, no more possible selling, which had to happen before this. Fantastic...
Its a tiny SS, and major runner.
A silver mine with a 43-101 even on the pinks will speculate too $2M net worth, so PPS .0060