RE: RE: WOW .23 a share in earningsUSA.v a good play as well, altho their resources and reserves are less than half of what RVM has at TROY alone, never mind Rock Creek.
And they are hardly a pure silver play.
Their latest update shows, Copper-Silver ore reserves at 17.8 million ounces of silver, 5,520 tons of copper
- Lead-Silver ore reserves at 4.1 million ounces of silver, 42,790 tons of lead
- Total proven and probable ore reserves at 21.9 million ounces of silver
Copper-Silver measured and indicated resources at 8.0 million ounces of silver and 2,380 tons of copper; silver ounces up 5%, copper tons down 5%, relative to December 31, 2009
- Lead-Silver measured and indicated resources at 0.7 million ounces of silver and 7,270 tons of lead; silver ounces down 10%, lead tons down 13%, relative to December 31, 2009
So that shows about 30 million ozs silver in meas and indicated and proven reserves, They also have about 13.5 million ozs of silver in the lowest category of inferred.
https://www.revettminerals.com/reserves-resources
That shows you that Revett has proven and probable reserves of 12.7 million ozs SILVER and 98.7 million lbs of copper (49,000 tons of copper)
BUT measured and indciated at Troy shows 82.2 million OZS silver and 753.8 million lbs of copper ( 376,500 TONS of copper) , that makes all of USA metals value nlook real small right there.
NOW Rock Creek has another 230 million ozs of silver and over 2 billion lbs of copper.
Revett market cap today is 144 million , USA 's is 184 million.
RVM earned .25 a per share , and .16 per share fully diluted, this last Q
USA earned about 4.1 million last Q , i THOUGHT VERY DECENT . and that equated to .02 a share for the Q , or .01 fully diluted.
SO RVM has control of about 20 billion $ worth of insitu in all categories at both Troy and Rock Creek.
USA has about 1.63 billion $ worth in all categories.
RVM earned about 16 times more per share fully diluted, so should maybe be trading at least 16x higher than USA...
make sense?