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AbraSilver Resource Corp V.ABRA

Alternate Symbol(s):  ABBRF

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

Post by ErinBrockovichon Nov 03, 2022 10:20am
96 Views
Post# 35069497

Macro Picture.

Macro Picture. This FED rate was expected. FED is going to slow rate hikes moving into 2023. Silver and gold are holding up well. Copper and lithium doing just fine. Though economic declines will hurt the later more than precious metals. China and Russia continue to stockpile gold. India buying record amounts of silver. Silver inventories continue to drain away. A supply crunch for silver is coming and prices will move to the upside quickly in 2023. Followed by lithium and copper, when the economy starts to rebound. 
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