RE:RE:RE:RE:RE:RE:Once you have the WHY BaldSilverHead wrote:
Alwayswrong if the 60 million ounces of Silver was worth nothing then what was the harm in letting the Sabina shareholders keep that and sell just the gold?
So, your new proposal is to have SBB remain an independent company whose sole asset is a royalty on a property that has apparently been mothballed for the past 10 years with no feasibility study done on it to determine if it can even be profitably mined, never mind actuallly going ahead with a decision to actually build a mine and mill and pouring silver mined from this property to make this royalty worth anything? Such a "company" would be losing money every year simply filing the necessary financial statements and other submissions required by Canadian securities law along CEO, CFO, BOD, and other staff salaries an related expenses with zero revenue coming in from the royalty as far as the eye can see.......?
How much do you think shares in this "new" SBB company would trade for on a stock exchange?
My guess would be close to zero with little chance of surviving for more than one fiscal year, though I don't think such an absurd move would even be attempted because it's nothing short of ridiculous.