G1A 0.00% 5.9¢ galena mining limited

Yes they are. As are a lot of other companies out there. I just...

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  1. 5,669 Posts.
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    Yes they are. As are a lot of other companies out there. I just can't see them convincing SH that diversifying into lead/silver is a sensible move for them - especially when they'll only be buying into 60% ownership. The expected cashflows from Abra are great for a company of our size but hardly appealing to a mid-cap like SFR. That may change if/when the deep copper/gold drilling demonstrates a very healthy, feasible addition to the upper regions.

    Anyway, I'm not looking to fire up a debate here. I'm just stating my opinion that Abra doesn't suit SFR. If I'm wrong, then high-fives all round.
 
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