TSXV:AUN.H - Post by User
Post by
zzthnxon Aug 30, 2008 12:03am
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Post# 15421523
Aye
AyeOK, so now we know why we're trading at .35. So much for La Negra cash flow of 14 mil. How do they get that so wrong? Anyway, I wonder if SLW is wishing they hadn't done the deal for 25 mil.
My stance at this point is, "it is what it is". We have Shafter coming online in a little over a year. Even if silver goes nowhere, which I seriously doubt, 2+ million ounces of silver production a year from Shafter should make this stock worth at least $1.50 - $2.00. I'm holding as the worst should be behind us now. Why is it that us small guys are always the last to know what's really going on? (Rhetorical question)