RE:I Did Not Quite Catch The BottomSIL is my largest holding by far and I've owened it from the very first financing at 15c with 20 c wts. A once in a lifetime multi-bagger. Thank you Eric and team!
I am still holding but we don't need $50 silver to make a lot more money with SIL. In fact, high silver prices will benefit the marginal high cost producers more than Las Chispas which will have some of the lowest AISC costs in the world. Our way higher will be driven by succesful building and commisioning of the mine on time and on budget while at the same time expanding the resources at both Las Chispas and El Picacho. The FCF we will be generating when in production will give us the ability to do that and more including dividends, buybacks and ascuisitions. And we have the best management team in the business that will not do anything stupid so I can sleep at night regardless of what happens to the price of silver.