RE:Silver Stream Amendment Buy-Down DateHi Art.. It's all down to the silver price as you say.. The way I see it is SLW will be helpful towards AXR as both have the same interest in starting up production again so if silver continues to flounder or even goes lower over the next 7 months I would expect another extention.. If on the other hand the silver price begins to recover enough that they are able to anounce a mining restart and the share price also recovers enough I guess they will have no choice but another financing or they may agree on installments perhaps.. Having followed this company for 10 years the 69 mil s/o says a lot about mangement imo.. They will avoid dilution if possible.
I agree with you that buying AXR now is a very fine speculation on the price of silver.. not without risk but huge upside potential imo.. I'm looking at a 2 - 3 year timeframe.. I think silver is going much higher by then.