RE:Blasutti folds. petersburggray You sound like a sexual assault convict. I'm not saying you are but if I were making a movie with one in it I'd hire you to write/act. You sound like like the perfect “pervert”!
To you and others that only whine but don’t know the history of the 60/40 split in regards to Galena. I have a history lesson for you.
Remember when Galena was on the verge of being shut down? Back a few years ago. USAS could not find the capital for Galena. It was a bear market; silver prices were retreating. The money the company had was flowing to Cosala and the Nevada mine for development. So the Galena property contracted to a point where the company either had to shut it down or find investment.
There were not much interest at the time. Initially when the company ran scenarios out for the Galena project they couldn’t achieve great returns for shareholders; but, Mr. Sprott believed in much higher silver prices. He was willing to invest. He put 20 million dollars in to buy forty percent interest to revitalize Galena and get the property producing and profitable. Mr. Sprott was the perfect fit for the deal.
Additionally, materially (negative) circumstances arose from external sources. Who better at the helm than Darren? Not many. The headwinds will become the tailwinds. I, for one, am glad the company stands firm against the criminal extortionists in Mexico and the Mexican President. I respect Darren's ability to hold his position against tough odds. But it look like good news will come out of Cosala. There are some very influencial (wealthy) law abiding Mexican people who own USAS influential and have political clout. They want to get back into production without a corrupt Senator.
Puedo aclararlo ms, gordo?