RE:RE:RE:RE:RE:RE:RE:Bracing myselfListening to the latest presentation by Darrin Blasutti from the European Gold Forum was very interesting and extremely positive.
Some of the Highlights from the Presentation
1) By 2018 the company will be making 2.5 million in cash flow per month at current metal prices.
2) They will be producing 7.5 million silver equivalent ounces per year.
3) AISC will be the lowest in the industry getting down to $2-3 in cost. This in itself should get the markets attention along with the ability for the company to ramp up silver production at higher prices.
4) They have some nice exploration potential at both the Mexico and Idaho operations. They are quite excited about exploration on the 3400 level at the Galena mill and some high grade silver areas in Mexico. The San Felipe mine also has great potential similar to the San Raphael mine.
PikKid