Post by
bargainhunter6 on Apr 19, 2015 6:57am
Funding for La Joya?
If I'm looking at SVL's numbers for the next few years for their current mine, it looks like they'll be cash flow positive of ~20 million/yr (est @$18/oz in 2015, $19/oz in 2016). Any guesses as to how they're going to fund La Joya if they start building next year? It looks like silver might stay around $16/oz for the next year or so...
Comment by
davwal on Apr 21, 2015 8:55pm
This stock just has no volume.Keep it quiet so management can invent something for an incentive bonus or even maybe yet just straight out restricted shares.imho