Pan American Silver Contingent Value Rights Exp 22 Feb 2029 PAASF

Paas top pick

[WaynerBob10]

Was top pick yesterday on BNN.  They also were quite optimistic about  this mine getting the go ahead to open in the next couple of months.  Does anyone have an idea of what the upside is on these 
contingent rights should the mine re open?

[Consvestor]

Each CVR will be exchanged for 0.0497 of a PAAS share upon first commercial shipment of concentrate following restart of operations at the Escobal mine.  Based on crrent price of PAAS that equates to C$ 1.51.  Keep in mind that I would expect PAAS to appreciate significantly following a restart announcement.  My guess is that the CVR could be worth more than $2 under the

[WaynerBob10]

Thanks.  I agree Paas shares should get a bump if the Escobar mine does reopen.  This means  roughly a payout of 4 to 1 should the mine reopen. I'll take that bet.

[InkaGold]

I have a 800 PAASF   (RTS PAN AMERN SILVER CORP EXP 2/22/2029 CNTNGNT VALU RT) When you said   4 to 1     what do you mean Thanks