RE:RE:RE:RE:The risk I see in this stock gan, your point about valuation is a good one. In fact, I have been selling down my holding of CMCL. I still think it is a great stock and a must own; however, the price increase left me holding too much of it, and as you point out, is not the extreme value it was when it was trading at $5.
I still like USAS, and I have been patiently waiting for an entry point. Even though the company does not actually mine much silver, I still think the stock has value and a pretty good story. Maybe Q2 will blow everyone away, and I will miss my opportunity. However, I think sub $3 is very likely with a possible panic spike down to $2.75. I plan to reevaluate about a month after Q2 earnings are released. By that time, I think reality will have set in, and expectations will be more realistic.
As for the drill results, maybe they will eventually translate into earnings, but it is going to take a long time. My guess is the earliest would be Q4, which will not come out until around March 2019.
When I talk about cheerleading, I am not talking about you at all. I am referring to some of the vacuous posts I have seen. I am a numbers guy. If someone is going to talk about how great a stock is, they better have the numbers to back it up.