TSXV:SLX.P - Post by User
Comment by
northmaton Mar 12, 2011 12:43am
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Post# 18274646
RE: RE: RE: RE: RE: What a hoot !
RE: RE: RE: RE: RE: What a hoot !Here's some more numbers...The study uses $14 Silver and $800 Gold...Not sure how much of this is being implemented at La Guitarra as we speak or if Silvermex has taken a different route to getting production numbers up..possibly a combination of La Guitarra and some of their other properties because it's obvious they are not spending $148 Million at La Guitarra but they are spending MANY Millions there.Aurcana Silver (AUN) has made much noise and gotten much press out of their claim to be a 5 Million oz a year producer in 2012...They have 451 Million shares out and their SP is currently higher than ours(After being behind all year)..Is it too much to request that Silvermex management start to get some production projections out there? Seems to be very standard stuff for the industry.If not it's left up to novices like myself to come up with guesses based on old press releases.All comments and guesses welcome of course.Cheers
https://www.gencoresources.com/s/NewsReleases.asp?ReportID=377413&_Type=&_Title=Genco-Announces-Completion-Of-Feasibility-Study