RE:RE:RE:RE:RE:So we are now at the end of Q2 I can certainly vouch for Moe. We have both been in SPM and now USA for many years.
As I said about 18 months or so ago...if Trump hadn't been a complete tool (or hadn't listened to the complete tools around him - Navarro comes to mind) and backed out of all the trade deals that his nemesis (and other Presidents before) had signed on to (not to mention the whole starting of a trade war "it's not a trade war" nonsense) zinc would still be north of $1.60 (with lead following in lock step)...we would be having a very different discussion right now.
Once the impact of Covid on the attainment of "Commercial Production" is behind us and the nonsense in Mexico is resolved (which it hopefully will be) shareholders will be rewarded. Add to that; Galena performing as it sounds like it is (hopefully Blasutti isn't mouthing off about much ado about nothing), and moving forward with plans to get the next mine in to production, and increasing reserves through exploration in all 3 jurisdictions, and potentially acquiring other companies (with free cash flow).....this company will reach yet a whole nother level.
All of this is provided the price of gold remains roughly where it is (or ideally goes higher). If the price of gold goes the way of lead and zinc, the show is over.
Like Moe, I have continually heard how great the future is going to be with this company and how wonderful things are going to happen just around the corner (in my case for approx. 9 years now) only to watch as yet another road block pops up.
I have traded a bit during that time and made some cash doing so (nothing overly substantial) and believe that things are about to finally turn around big time for this company (provided gold maintains it's current level).
My biggest disappointment with this company (under Blasutti) was watching my share count get cut by 1/12. As far as that is concerned, what allows me to sleep at night is the thought and hope that Management knows what they were / are doing better than I could ever hope to.
Other than that, I think Management has done a very good job of rolling with all the punches that have come their way over the past number of years (some self inflicted, but the vast majority were caused by a multitude of external factors).