Minco Silver Corp T.MSV

250 Million ounces silverequivalent and more cash than mk.

[austrochris]

 exploration permit for its Fuwan Silver Project ("Fuwan") has been renewed yesterday !

 after more than 10 years of sleeping beauty , Now that the Fuwan and Changkeng Gold Project exploration permits have been renewed, the Company plans to resume permitting and development activities on the projects.

Best news for years here ! One of the best silverprojekts worldwide could
be in front of a rerating !

[Walleyewarrior]

Looks like the beauty fell back to sleep again

[cressco]

The exploration permit on Fuwan expired on July/2017, renewed March 2021 (expires Mar/2026). The exploration permit on the Changkeng project expired in Sept/2019, renewed November/2020 (expires Nov/2022) Safe to assume 0 efforts will be channeled towards gold project since the permit expires relatively soon, and all though the minco subsidiary controls 51% interest, it does so through a subsidiary

[cressco]

The previous post should say...and all though the Minco Silver* controls 51% interest, it does so through a subsidiary with three other Chinese partners. I guess I wanted to say its real net interest in this project is not as significant.

[mrpancake]

Every once and awhile I take a second look at this and wonder what the "F" is going on with the sign on the dotted line local official? Are they waiting for Minco to go broke or what.  I think I was out in the 90 cents+ range long long ago. Does not matter how much silver if they never get the paperwork in hand its game over in China

[cressco]

Well they have the paperwork. They just have to get to work and explore the living $hit out of it and make it as lucrative as the initial numbers suggest, so that the government has no option but to provide the mining permit.  Around 40m cash and equivalents (china will have to wait some time for these guys to go broke). This is the interesting part they have never folded in terms of giving

[mrpancake]

"cressco" I sort of recall your posts (page29) back then well maybe not but I did see a post of yours from 2012 likely when I  was in   your were saying $1.20 cash per share.  I thinkthas when I got in  This when on for a couple years then it was 90 cents and I had to let it go ...I did not see the company ever getting the local offical to sign on the dotted line

[cressco]

"What is cash per share?" - Which play is this question regarding. I'm split on the idea of this play never seeing the light of day under msv. This last permit gives me hope. If they announce soon to start exploration plans I'll buy in a small position. The bigger thing that could cause further delays is the relative proximity to a 15m pop city... I think if we enter a major bull

[mrpancake]

China is playing the fool Canadian investors ... I realized this about ten years ago and bailed