last time to buy under 0,30, jmhoTraders did it again, but imho this is the last chance to buy under 0,30.
Even without a production permit they can manage a nice cash-flow.
reminder march communication: Last years PR offensive started half May,
"That is why we are moving to a large bulk sample program almost 20 times the
tonnage of the last one - and this new 2500 ton sample is expected to
yield over 200,000 tons of silver. Extraction will start in late may
or early june.
We were also expecting the Bishop mill to be operational sooner but
appears now things are progressing well."
"The new bulk sample will begin as soon as the winter break up and
will consist of 2500 tonnes which should be 200,000 - 220,000 ounces
of silver. That will give the company a healthy chunk of cash flow
and we are cashed up right now at about $1.5 mil with a number of
warrants being exercised.
We have the cash on hand for extraction and delivery of the bulk
sample, a drill exploration program at silver hart and necessary
proceeds used to bring the bishop mill into production .
An active investor relations program will commence but needs to be in
parallel to activity at silver hart and bishop. Otherwise I believe
the cost will not be worth the results. So the answer to your
question is yes but we are still a little too soon.
Finally, the bishop mill in California has very good cash flow
potential staring this year and there are a number of permitted mines
that we are discussing with to become JV partners and to process ore."