RE: Inside this brokerage reportGreat call, OilSandSam
Yes that's the great part about this "exploration" company. Exmin will be receiving well over 3 million a year in revenue from the current configuration of the Moris Mine. Given the fact that they have also purchased additional concessions in the area and that Hochschild still has an earn in option for these concessions makes this “portion” of their portfolio very attractive….and still a small portion of their overall portfolio (over 1.2 million acres total).
Hold on a sec...aren’t exploration companies just supposed to explore???
I am a firm believer that we are entering the next leg up of the precious metals upward trend and seeing as silver has sooooooo many industrial demands that continue to chew up above ground supply that silver junior mining stocks are really going to take off (yes more so than gold). But…..it may take some time… maybe months …maybe longer… before mainstream investors sit up and take notice.
Buy the dips….hold the course….enjoy the ride…..retire early.
Good luck to all the longs and DYDD.