RE:RE:RE:Potential upsideIKN is a blog not a news source. This is just an opinion of a blogger.
Reopening of Cosala will likely take months or longer, given the company and the opposing union is likely to challenge through all legal channels. I don't think the market put much value on this asset given the mine is expected to produce about 1 million oz silver next year (insignificant versus Relief Canyon). But agree the inability to reopen the mine is still a negative but not going to change the view that the upside is more likely to come from Relief Canyon and Galena.
Galena is probably the project that will deliver the positive surprise in the next 12 months given the recent exploration success (more drilling expected) and potential to signficantly increase production/resources in the next 12-24 months.
The most important project in my opinion is Relief Canyon which could contribute over US$80 million profit at current spot price in 2021. Darren Blasutti shared the updates on Kitco at the last part of the video - leaching for the new leach pad is progressing as expected and commerical in Q42020.