RE:RE:Short attackDon't worry to much about the daily price swings...
With Lead settling around the $1.05 range and zinc settling around the $1.20 range for the last month, Trevali is doing fantastic. At these prices and with production increasing, Trevali is making a lot of money. The share price will follow, just be patient. The market is waiting for Q4 numbers, new drill results, the PEA from stratemat/halfmile, copper testing/circuit added (H12017 I believe), and Santander expansion H12017 (I predict). All of these things will be positive as long as Zinc and Lead continue to hold or increase.
Cruise (Q3 conference call) said the copper circuit would add $500,000 of free cash flow a month. If Santander improved to 4,000 TPD as well, their revenue from that mine would go from roughly $25 million to $50 million per quarter. With Zinc prices and Lead where they are, Caribou at full capacity (3000tpd), and the copper cicuit, I think we'll approach close to $100 million in revenue per quarter. That's double the revenue of Q3. this company has so much potential to grow it's scary. Unless I'm missing somehting, I would buy the dips.
GLTA