Extremely UndervaluedSST is projecting 2009 sales of 4.5 million silver equivalent ounces. At $12 silver that equates to a cash flow of $36 million for the year ($12 - $4 cost = $8 * 4.5 mil.). So, even at a very conservative P/E of 10, and factoring 145 mil. shares fully diluted, we should currently be trading at around $2.50 US or around $3.00 CA (36 mil. * 10 = 360 mil. / 145 mil. shares = $2.48 US.) I don't these kind of bargains are going to last too much longer, I only wish I had available cash to buy more shares, but at least I grabbed quite a few in the .40's and 50's to lower my average cost. Cheers and good luck guys! zz