RE:The spot price of silver is down...This one has been lagging a little.. while other gold/silver royalties are making new highs, MTA hasnt been able to do so.. its down some 20% from its 52 week high...
the recent sale by Couer was no dilution to shareholders.. it was Coeur selling MTA shares they held from previous royalty sale... either mkt doesnt get it or they consider the Warf deal as no good...
to me its a producing mine which means immediate revenue... hopefully with increase in silver price above 18, they can reinstate the dividend within next few months...
i sold some AR and i bought MTA today in my kids RESP... will buy more it falls more... already own some for myself in my TFSA at lower levels...
wish i had bought ELY ... i missed the boat on then eventhough i recall put a bid in at .17 cents a year back or so and missed it by a cent... wow... makes me cry...
GBR was another miss and again i had a bid in less than a dollar and missed by a few cents...
after those misses i just buy close to mkt and dont bother with a few pennies... makes me want to cry... :'(