NYSEAM:SVLC - Post by User
Post by
mjh9413on Mar 05, 2014 5:00am
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Post# 22281308
Black?
Black?I was not going to bother but there was financing around as they got a large chunk in an equity offering before the stream was consummated. However, if you feel a mgmt that pays $800 to get an ounce out of the ground and then gives up over $800 (and it might have continued to be a lot more that they are giving up per ounce) and so 'lose' somewhere between $800 to $1.600+ per ounce is making a sound very long term LOM decision, then okay. I have no problem with SVL and investing in it but I simply detest the fostering of these usurious streaming companies except where the miner might give up say 20% of any prevailing spot price. NRN.