AbraSilver Resource Corp V.ABRA

Alternate Symbol(s): ABBRF

Metals & Mining Industrial Metals & Minerals

AbraSilver Resource Corp. is a Canada-based advanced-stage exploration company. The Company is focused on advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta and Catamarca provinces of Argentina. Diablillos is an approximately 7,919 hectares (ha) (79 square kilometers (km2)) property located in the Argentine Puna region, which is the southern extension of the Altiplano of southern Peru, Bolivia, and northern Chile. In addition, the Company has entered into an earn-in option and joint venture agreement with Teck on the La Coipita project, located in the San Juan province of Argentina. The La Coipita project is a district scale property consisting of over 70,000 ha in the western portion of Calingasta Department, located in the San Juan Province of Argentina, adjacent to the Chilean border. The project lies within the Miocene porphyry-epithermal belt of Argentina and Chile.

TSXV:ABRA - Post by User

AbraSilver Resource Corp > $50 Silver

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Comment by Sharegar777on Feb 24, 2021 8:50pm

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Post# 32654647

RE:RE:$50 Silver

My Guess for Silver @ $50/Oz would be an SP of $1.50 due to all of the extra $'s per Oz of Silver production going straight to the bottom line as profit.
Sure, the production costs would probably go up by a portion of that rise in Silver price due to some inflationary factors.

To be honest I think my guess is conservative and if I was being more optomistic I would say an SP of >$2 is very possible.

GLA Sharegar.
(a note for someone in particular. My reputation is now the >10 you required. LOL wish you were here).

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