RE:RE:RE:RE:RE:RE:INCREASED FINANCING ?? (Silver City Exploration) ?ok, conspiraracist, I may have been too agresisive and harsh with you, for which I appologize.
Have been heavily invested in both Exn and EDR for the last 7-8 years and I think I have a good feel for both com[panies. I am surprised how well Edr SP performed in the last month/ month and a half in the absence of news (the modified PES report may have helped a bit). The only reason I think the share price of Edr moved up is the fact that investment funds/ETFs loaded EDR shares because of the spike of silver. Aside from the silver pricfe appreciation, however, Edr performance as a miner has been a disappointment in the last three years (and I use this term mildly).
I think Exn has more potential to move higher than Edr as long as Exn manage to control their cost and increase production in Platosa. At the same time, at least for the foreseable future, the potential of Edr is limited - the company future flagship Terrronera is probably 5 years in a making.
So when we compare Exn and Edr, we have to factor in their respective relative strenghts on top of common catalysts as the rise in silver.