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Bullboard - Stock Discussion Forum United Silver Corp USCZF

United Silver Corp is a senior silver-producing mining company based on exploration and development of the prospective land position at the Crescent Silver Mine project.

EXPM:USCZF - Post Discussion

United Silver Corp > STOCK GOES DOWN!!!
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Post by PLASTERMASTER on Mar 10, 2013 12:03am

STOCK GOES DOWN!!!

Why does this stock keep going down? Management does not answer nor respond to emails any idea?
Comment by petersburggray on Mar 11, 2013 11:49am
In my opinion, USC stock price is going down because Hale wants the price low so as to get as many USC shares as possible when his interest payment is paid in USC shares instead of cash.   Email never worked for me either.  I have always had good success getting my questions answered by calling Kellogg, Idaho on the phone. 
Comment by Paracelsus on Jun 10, 2013 12:45am
Hale made a bad investment. No venture wants rapidly depreciating shares.
Comment by petersburggray on Jun 11, 2013 9:05am
Longer term Hale will do fine since through his various financings, PIK interest, etc. he owns for himself a greater and greater % of very valuable Silver Valley mining and processing assets, namely USC's equity interest in the unencumbered New jersey mill, which is the only active permitted gold cyanide mill circuit in the state of Idaho, and Crescent mine, which if financed, dewatered ...more