RE:RE:....strong buy I am really surprised how cheap this company is. Massive insider ownership whose goals are aligned with retail shareholders (dividends, buybacks, minimal dilution) with a massive cashflow. The hangover will be the lower silver/gold/antimony prices which will be interesting to see Q1's results as I suspect cashflow will be significantly lower as a result.
The Bond issue is also good news as they were able to obtain pretty in expensive financing with only about 10-15% of it to fund the pre-feasibility study which tells me they are looking at more deals going forward. I was mildly concerned as to the structure of the bond issue through a SIV located on the island of Jersey but this appears to be for tax treatment.
I took a position around here but am going to wait until post earnings on May 5 before deciding whether to augment it. I don't know why this doesn't get more interest