RE: TME...RUN!!If Temex had processed the 2,000,000 tons of tailings in March of 2006 containing the true value of 2.00 ounces per ton with an estimate recovery rate of at least 70%, they would have a silver inventory of about 2,800,000 ounces. The estimated cost of recovery per ounce is plus minus $6.00. At a silver price of $16.00.......well , you do the math.
However , we all know that the nickel play may be positive, but that required raising cash and diltuting the shareholders , an adventure nobody signed up for.
So the stock goes nowhere fast. GO back to basics, please!!!