More issues......Why extend the debenture maturity? Why buy silver on the open market? Is production slowing down?……
Is delaying repayment of a debt bothersome….. It’s an interest-free loan, isn’t it…. Our money in the bank keeps collecting interest, doesn’t it…….. forget it……. let’s enjoy more summer……..
Hmmm….3 years ago, just a little something in the ground…Now 10 mln$ plus in the bank, over 1 million more each month….. Resource increased threefold last year, looks like six now, and actively going after the elephant……….
Yea, a little slow down lately…..Penoles’ mill problem, not ours…..sometimes they forgot to send silver to the trust and sold them…..company buy back later from market, break even likely, or a little up or down all possible…... Should we hammer Penoles for that……Who’s more important, Penoles to Excellon or the other way round….Likely cost us way more to send the stuff elsewhere……..Ahhhhh…… so much trouble without your own mill, huh!……… That’s why it’s better to own shares than running a mining business….. Look at the blue summer sky, the passing cloud….. aren’t they so much more relaxing……. than thinking about all the twist and turns those folks behind the wheels have to sort out and go through day after day…..I think they are up to the task……. hmmmm……..
Oh! By the way, looks like they are closer to the elephant since the airborne EM…..Slap me up when they do find it……I surely hope it’s surrounded with friends and relatives too……..
If these tidbits that I overheard, make sense to you, you are certainly not alone.
For those that think otherwise and keep pondering those issues. They may be smarter miners one day while we prefer to relax or do other things. If some are leaving Excellon for them as said, we will be different in our financial outcome as well.
Good luck everyone.
KT