GREY:CTMIF - Post by User
Comment by
ja_prufrockon Jul 30, 2012 11:35pm
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Post# 20167562
RE: RE: FYI
RE: RE: FYI Hawkeye,
Your quite welcome. The CEO (Smith?) at SSO is still an unknown quantity to me as he has vastly changed the company. He appears to want to develop the silver operations, but he has not been afraid to spin off properties. Nothing says he can't spin off Pirquitas, but it appears that AHC is in a rather good position here with whomever ends up with it, especially if their theory on underlain silver is correct. A ~30% retained interest + royalty on Pirquitas would be nice, or even a complete buyout. Interesting circumstances to unfold.
FYI, I'm a bit underwater here, but I think these guys know what they are doing and I like the property(ies) potential. I also have a position in Mr. Straw's ASX co., Silver Mines, LTD. GL.
Regards,
JA