Sitka Gold Corp V.SIG

So Bull!

[givemeabreak1]

I will give you a nice easy example of the value of a Silver deposit even with the gold.  So I will use as a simple one Rockhaven Resources in the Yukon.  They have what 27 million ounce of Silver plus what a pile of gold and zinc lol.  So the whole deposit has a market cap of like 27 million but Burro's 5 million ounces has a value of over 100 million only a clown would think that.  I could name 100 deposits like this.  Actually, Rockhaven is only .07 has a new reource coming out and is working on a PFS so probably not a bad bet but I degress.  

Fireweed Zinc another one that just about double recently still only less than 90 million market cap in the Yukon with like a gazillion lbs of zinc and probably 100 million ounces of silver but 5 million ounces is somehow worth over 100 million again ridiculous.  

I could go on all day!  The medium to large Silver producer is 15 million to 20 million ounces a year with 10 to 25 years reserve life.  So 5 million ounces is 3-4 month production even tripled not a year worth of production.  

I have nothing against anyone but I hate stupid comments.  If you are to stupid to do proper research your are probably too stupid to be investing.

[givemeabreak1]

Fact most silver is produced by mines as a byproduct of gold and or zinc or visa versa.  If you look at the AISC of Silver at more pure silver mines it is around $20 and ounce.  Actually Endeavour is just over that is pretty much the norm.  AISC is not AIC does not include such things as the cost of financing so when all is considered you are higher sometimes much higher.  So

[jambon379]

Make that mens opinion

[givemeabreak1]

Got to watch the fat lady if she shows up for a annual meeting as a singer lol!

[cashworx83]

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[rdgeo44]

Thanks for your well thought out and intelligent opinion GMAB. As I said before, all we can do is hope that what is in the best interest of management & owners, translates into good things for investors, here's hoping !!! Cheers all & have a great week. .....rdgeo 

[cashworx77]

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