RE:RE:What will Trevali look like in 3 years?"Not only that, those mines can generate enough cash at current zinc prices to rebuy all of Trevali shares in less than two years."
goldsilverbar, you have made an excellent point and it helps to put a firm floor under TV's value, unless something happens to destroy that value. You often see producing miners with inflated market caps based on the assumption that they are mining so they will keep mining forever. But new reserves and new mines don't appear out of thin air, no matter how well the company did on previous projects. As a result, many mining companies are overvalued based on optimistic scenarios, and most of those end up coming down to reality at some point (choose your own examples). TV is at the opposite side of that cycle - not even being given credit for the likely production and profits of the next couple of years. Plus, TV has the ingredients for an expansion at an extremely low cost as compared to a whole new mine.