RE:New Press Release - Sabina Gold & Silver Announces Financial Results for the Year Ended December 31, 2022And right there, in the year end financial report, is this statement:
"In addition to Back River, Sabina also owns a significant silver royalty on Glencore’s Hackett River Project. The silver royalty on Hackett River’s silver production is comprised of 22.5% of the first 190 million ounces produced and 12.5% of all silver produced thereafter."
I thought that was completely irrelevant? Hmmmm...!!
What happens if silver goes to $50, which is the direction it is headed - does anyone really think that Glencore isn't going to look very seriously at advancing Hacket River? It may not be tomorrow, it may not be next year, but surely it is a legitimate future prospect that should have been reflected in the bid.