229 million ounces silver bonus for Bear Creek shareholders Bear Creek has approximately $100 million revenue from their Mercedes mine that produces gold and silver. Once they ramp up production and with gold up $500 per ounce, and silver over $30 their bottom line will be much stronger moving forward. Looks very undervalued at .40 per share.
Corani is one of the largest undeveloped silver resources in the world. The company share price doesn’t reflect the value of the silver in the ground. I think this is one to watch. Especially if Silver keeps climbing. Proven and Probable Reserves of 229 million ounces of silver (at a grade of 51.3 gpt), 2.7 billion pounds of lead (at a grade of 0.90%) and 1.7 billion pounds of zinc (at a grade of 0.55%) that were outlined in the 2019 Corani Report, which focused solely on exploitation of the "sulfide" and "transitional" material.