Correction on resource estimate I didn't word things quite correctly.
the 5 million oz's of silver and the 120,000 oz's of gold is a historical resource completed in 2011, which is compliant with a 43-101 resource estimate. It is not considered current.
my apologies for being a little loose with how I presented it. My point was based on the numbers that I know and how I try to place a value on the company, the numbers didn't add up. I realize that there was a lot of selling pressure, which significantly dropped the price, but to me, it just makes it easier to buy (which I did). If my way of determining value is wrong, I'm always into learning differing opinions.
L4D