RE: RE: RE: Really not that bad at allThis would have even been a great deal for SLW at 0.5 SLW/SST - they would have improved their price to reserve, price to CF and most importantly CF/debt ratios while at the same time eliminating their main competitor. That SST would sell to them at 0.185 SLW/SST smells of bribery/corruption to me and/or complete desperation at Capstone (which I don't know much about).
Unfortunately, SLW has the most to gain from buying SST but I am nevertheless hoping for someone else to jump in. This is such a no-brainer. Pays for itself in 5 years even at current silver prices and just prints you money from then on, never mind what happens if silver spikes. Why buy treasuries with a 1% yield when you can have this with a 20% minimum yield that could multiply and less risk since inflation protection is built in. Plus they have cash flow to aquire cheap silver streams from desperate base metal miners at a time where there should be little competition from SLW because those guys are busy paying off their debts for the next few years. If people invest in SLW which is way riskier and 4x as expensive then why not outbid them to buy SST. Maybe someone should email Warren Buffet or some Russian with cash.
That whole bigger is better stuff is nonsense anyway that was made up and perpetuated by bankers too lazy to do actual research for their 7-digit salaries. If the last 10 years have shown you anything its that people should do the exact opposite of what those turds say. I mean I remember the guys studying economics and related stuff at university and really have to wonder why anyone would take financial advice from borderline retarded dicks.