TSXV:SLX.P - Post by User
Post by
george48on Apr 10, 2011 9:52pm
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Post# 18411658
Re: To the moon
Re: To the moon Silvermex recorded a consolidated net loss of 41.467,946 for the year ended Dec 31 2010, most of that was impairment of goodwill, now that Silvermex has completed the acquistion and had a chance to revamp operations and set plans., It takes time after they restarted operations at its LaGuitarra mine remember it was closed for a year and a half. Now we should see positives this next quarter as they should be able to afford a few more toys with silver above $40 now compared to $27 a short time ago! The massive upside in earnings and cash flow that should ensue, and the significant under investment in Silvermex by investors at large.,short term should see $2.00