RE: OOPS..fiatschmiat. Thank you for the compliment and welcome to Stockhouse and the Silvermex board. When did you begin reading our comments?
fabdaq. Your children must be proud that they insisted on buying Great Panther. I would keep reminding them that Silvermex may be next. They’re doing great either way! I’m very curious of their ages.
romara. I loved your story. You must have a good understanding of this situation to invest with such conviction. “Sand” I think is what John Wayne (the Duke) called it. That’s what it takes to beat the corporate insiders.
mouserman. My impression from what management said about drilling is that they are defining the path to dig. This would be the most practical exploration as it could reduce the cost per ounce to mill. Silvermex presently has 233.03 M Silver Equivalent Ounces compared to Great Panther’s 48.69 M oz. Adding more NI 43-101 resource to the total is positive but, not as effective as adding earnings. Silvermex cannot compare to Great Panther until it shows shareholders a profit.
Management defined our expectation with this statement in the February 8, 2011 corporate update:
"In the months ahead, the Company will report on the results of the outlined programs and initiatives. The Board of Directors and Management are confident that these results will increase shareholder value and build ongoing confidence in Silvermex as a responsible, successful, growth-oriented silver mining company."
https://www.silvermexresources.com/s/NewsReleases.asp?ReportID=441562
We should give them the year to prove it.
*
mineshack
*
*