time to accumulate!This board is quiet which means not a lot of people know at SAC.
Silver prices are going much higher and South American Silver is sitting on an incredible deposit. Close to surface and in an area that is cheap to mine. Based on all the compliant deposit numbers and the current price of silver; this deposit should be well worth over $2 billion. It should become an attractive takeover target in the next 6-12 months as SAC continues to advance this project. SAC should be able to get some bank financing to build a large tonnage mill as their feasiblity numbers increasing look better with every drill result.
Near Term ( 1 month) : 65-70 cents
Short Term (3-4 months): $1.00-$1.10
Long Term (9-12 months): $2.00+