SBB update... From the last NR:
"The Company had cash of $147.4 million at March 31, 2012 and added $34m to the treasury in June 2012 after completing a financing."
This means the company has $180 million cash, or a dollar per share. This also means that at a share price of $1.80 per share, SBB is being valued at $130 million by some shareholders. Apparently, at today's price of silver (which will rise substantially in the future), SBB's $1,400,000,000 of zero cost silver is worth less than 10%, and its 7,000,000 ounces of gold is worth nothing. This is how some are currently valuing SBB. One has to wonder why these geniuses ever buy stock? I would say T-bills are their best option. There, you can own something backed by nothing, which will soon become worthless.