RE: RE: Shorts coming down quickly!Absolutely correct.
I try to keep it all in perspective. it's like running any good company. You know where you want to go but it is never in a straight line. There are a lot of politics , give and take, consensual decisions, set backs , disputes, legal wrangling , and so on.
Then you have break-out periods where it all goes so well you can't believe it.
Not to beat a dead horse but please look at the 10 yr chart of T.SVM. Why? Because it is a mine in what was considered a dangerous country at the time (China) , there were deaths at the mine, flooding, power outages and shut downs. But, It had high grade silver, it had great land holdings, extraction of silver is cheap (today negative $6.00 per ounce) a growing market and demand and very importantly a a management team with great vision with a great plan. They add properties wherever they can as long as it fits their low cost template. In much less then ten years SVM is moving ever closer to a 3 billion dollar market cap. look at the chart, it' shows the difficult times, the 3/1 split and the 2008 melt down. Today it is on it's way to $20.00 a share a paying dividends on the big board U.S. and Canada
Notice all the similarities with Canaco. V.Can has the low cost scenario and because your dealing $1500++++++ Gold and not Silver even more favorable ratios. Great management with a vision , acquiring more properties, cashed right up ,drills going 24/7 it's only a matter of time until it breaks out again. The one thing SVM did that was more efficient was start the mining immediately even if it was just small scale at first. We are targeted for three years from today by my math and I would like Can to consider moving that time table forward.
So I have a target of about $2bil market cap which could be conservative. I'll sit on my core holdings until then. There will be more problems, more back room deals , however ultimately it will get there. JMO