RE:RE:RE:RE:RE:RE:RE:accumultionBird
The perceived value can change on a dime but Management has beating shareholders on a regular basis for years so not many believe them and sp will continue to suffer until they show some love for shareholders. But if we can look at SD I think its viable operation with a restructure of stream and very very minimal reduction.
I also think P is worth close to your target by just handling the revolver. I think a good stream reduction deal coupled with tax deal is a grand slam. But extension deadlines make peaple nervous and sellers mostly, especially when sheduled during tax loss season. P has a good chance of survival but i still feel strongly Management may care more for stakeholders. Logically I see upside until I factor management into the mix and it gives m doubts. We will see
the mine is a winner. They are concentrated in 6 best veins and can keep up a pace of 3 years at 1800tpd with no exploration. They are ignoring 22 other veins at the moment. I trust they will find more ore when they need too. Last qtr they mined 1246 tpd.