Shop/Sell Abcourt-Barvue/VendomeUsing today's price of $26.42/oz Ag (US) and $1.235 Zn (US), the in-situ buyout value is ~$50,000,000 for these two deposits/properties at 3.5%. Silver could well reach >$35/oz in 2021. All serious silver investors are seeing major stock price appreciation. One of my major silver investments has gone up 35% in two days. Another is up 81 times in about four years and it could well be up 300 to 500 times once in production.
The major silver producers are generating significant cash flow and have already let it be known they are looking for acquisitions/buying opportunities. Now might be the perfect time to shop Abcourt-Barvue/Vendome. Mr. Hinse will not be able to get these into production, so the best scenerio for shareholders/Hinse family might be to sell these deposits in these very favorable silver prices.
Fernand, and other long time shareholders, what are your thoughts regarding these two deposits?
LC
P.S. A major silver producer would want to get Abcourt-Barvue/Vendome into production within 2-3 years. These deposits, from today's standpoint, are already missing the value of current prices.