EXPM:USCZF - Post by User
Comment by
Paracelsuson Apr 28, 2013 10:53am
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Post# 21311214
RE: Crescent mine plan
RE: Crescent mine plan Yeah, I remember this property from the SNS days. Both SNS and El Dorado puked and died, and reconsolidated on these properties, Crescent and Bunker. SNS needed the tailing pond that Sterling bought from under them. Sterling also expired on different property just across from the Crescent. As to USA they had a 200 million share float before they reverse split, and they had "good" properties. I think silver will have to increase a good deal in price to make Silver Valley mineable. And it will take deep pockets to bring in production The whole problem has been that banks won't lend to the little guys to make 'em big, so it takes a big fish to buy them out.