NYSEAM:RVM - Post by User
Post by
art27on Dec 03, 2009 3:45am
648 Views
Post# 16548815
RVM is a great long term hold
RVM is a great long term holdThis will really start shining once they start mining Rock Creek deposit. Right now silver is over $19, copper $3.20 Imagine cash flow on this one producing 7mil oz silver + 60mil copper annually (around $150mil annually at current cu, ag prices) + the exploration potential. Sure by the time they start the Rock Creek mine the stock might get diluted to over 200mil shares but by then RVM will be generating some SOLID cash flow. If things go as planned, silver, copper hold at least at current level this is an easy 10 bagger from here.
Cheers,
Art27