RE:Potential upside
petersburggray wrote: All four of USA mines ( Relief Canyon, Cosala, Galena complex Coeur, Galena, Caladay, and Drumlummon either not in commercial production or on care and maintenance...with upsized pp and cash on hand USA got currency in bank to invest in capex to bring these mines into production so going forward over next 6 months these exist potential of massive upside cash flow and profitability surprise. For example, just Coeur and Galena mines have at least 10+ copper silver stopes that were backfilled and would be highly profitable at current silver price. I am adding on leverage here, first time in a decade.
Thanks for the feedback. It's is greatly appreciated. Being a contrarian and being right usually produces spectacular results.
One more question: Is there a formula for how much unmined, proven gold and silver reserves are worth to a company? I'm only guessing but that number will be contingent upon the development of the property in question.
Thanks in advance.