RE: response from I VFirst to admit I don't understand this deal.
There must be something here I don't see.I read all the pro's and con's so far listed on Stockhouse.
As an owner of the mine, if I personally had 27 million in cash I wouldn't give away my silver for pennies on the dollar .I fail to see how an additional 20 million dollars ,raising their cash to 47 million dollars will make much difference to their purchasing power,as they have also giving away several million dollars in earning next year.
With 3-5 million extra dollars they would have recieved next year with their silver earnings, I believe they could have borrowed more than 20 million dollars.
Like I said earlier there hopefully is something here I don't get..
WE need clarification fairly soon.