Post by
Goldtrader on Nov 22, 2020 7:36am
XAG the new tenbagger?
I spocke with the CEO and this is your assessment.
we get SEMARNAT environmental permit approval next week so we can start drilling. The delay is because the government is only working Tuesday to Thursday(short hours due to Covid)
We would to have approxim the to that we have 45-50 million ounces of silver (25 million oz in the main deposit, 10 million oz just outside plus 10 million in El Cabezon) which combined with our neighbour
which is only 4km north called Quintana's (formerly Arian Silver) with a silver resource of 45 million oz =
100 million ounce silver area play big enough to be interesting for an acquisition by big company, etc
= $4 billion in the ground at $40 per ounce!