My thoughts on Bunker Hill Mining Given V.BNKR market cap remains at a 41m mkt cap its current valuation is like a exploration stock rather than an exploration stock
with a mine that's 99% built.
The zinc price ($3150) continues to drift upwards and may well test Nov 2006 highs, on the cusp of a breakout imho. Same with silver if we can get over $32 and I get the feeling that the Bunker Hill grades are going to be bonanza grade if hole 3402 on level 8 is anything to go by. Most silver bulls have been waiting a long time but don't underestimate the power of high grade results hitting the market during a frothy period where silver stocks are running. At the moment this stock is almost completely off radar but I'm expecting progress newsflow will put a rocket under it all being well. At estimated 2500tpd this could be (should be) a three bagger in two shakes of a cats tail.
Caveat emptor though, we are 99% there on the build but as in negotiations the 99% is the easy part, it's the last 1% that's the hardest. I'm confident though.