TSXV:SLX.P - Post by User
Post by
fiatschmiaton Apr 25, 2011 9:31pm
768 Views
Post# 18486005
Silvermex Being Touted By NIA ?
Silvermex Being Touted By NIA ?The NIA will be releasing a silver mining stock suggestion tomorrow morning at 10a.m. to paid subscribers of their report (of which I am not one). I am not certain that the stock suggestion will be SLX but I do wonder.. ..If it is SLX, get ready for a sizeable bump up in tomorrow's sp. This is the info they give out about their coming silver stock suggestion: (Many of you here will be better able to decipher whether this fits or not as I'm just a lowly newbie)
The silver stock that we will be featuring tomorrow morning is a silver exploration company that we expect to soon become a MAJOR producer! They already have the cash and financing in place that will allow them to reach production. Their total silver resource base is worth over $6 billion at current silver prices, with their probable reserves of silver worth over $2 billion. There is one other public company nearby, which is already in production. That company has a market cap that is approximately six times higher than our new suggestion.
According to the feasibility study, our new silver stock suggestion will produce more silver each year than the comparison company (that has a six times higher market cap) produced last year! Not only that, but our new silver stock suggestion has a larger amount of probable silver reserves than the comparison company that is worth six times more!