RE:RE:Onwards and upwardsExcellent post, I think all of this is coming, we just don't know exactly when. I don't think we need to see fiscal disaster though (as some theorize) for their to be upward momentum in silver /gold prices.
Previously, the last run we saw was in 2016 - what precipitated that was some massive volatility in the markets.......well we sure are seeing that now aren't we? That aside, what else could allow for metals to run back to $20+?
CaptainDuff wrote: Greede, I agree. A lot of the value in investing in juniors comes when you get the right entry point. BHS has a producing silver mine which will increase production as funds are received. It has a unique and low cost means of recovering its silver and, right this instant, has a market cap of 7.1 million. While we may bump along the bottom for a little while longer, as silver is mined, processed and sold, it is going to be apparent to the brighter end of the market that that market cap should be 3x or 5x.
Now, if silver goes on a wee upward excursion, having a 2100 ounce per day (which can be increased to 4200 without much CAPEX) mine is going to be very attractive indeed. Especially as BHS has paid very careful attention to keeping the all in cash cost per ounce below $10.