RE:IRR of 48 % at current silver priceThe problem with this stock is its totally intransparent what is going on there. What's the status of the environmental permission application? Where exactly is the cash, is it really still there anywhere or maybe has been spent already (as some SA authors suspect)? Why has the CFO suddenly resigned or was dismissed last year, and was "interim" replaced by an inexperienced controller. Also as an investor in Chinese companies youre shareholder rights are restricted, e.g. the company can't transfer the cash out of China, even though it's Canadian. Also the trading is quite illiquid.