Post by
austrochris on Aug 24, 2017 6:36am
some thoughts
Hunt was spending over 30 Million Dollar in the Company . I agree the private Placement with 2 Cent was not shareholderfriendly ! But now look at the future ! The deal to buy the Martha mine with only 2,7 Million Dollar was great ( worth of the mine with infrastructure is about 30 Milion Dollar ) The mine is now in production the third quarter . The second quarter was highly profitable . Seems to me a good Management ! The mine can produce easily 2 Million silverequivalent ounces / year ! The stock is difficult to trade , but i hink Hunt is knowing what to do in the future in a rsing silver and Gold market !
Comment by
austrochris on Aug 24, 2017 6:39am
https://www.northernminer.com/news/hunt-mining-acquires-martha-mine-argentina/1003773402/