I was heartened by the track record of the excecs, especially Jim Crombie.
Being successful in business is a winning habit, once you have done it you just repeat the process.
I was interested to hear the companies that Crombie has been involved in, built up from scratch and taken successfully to the market, the last one selling for $1.1 billion in 2007! Impressive.
He also highlighted the Cerro De Gallo project which will have the bankable feasability study done in a matter of weeks, better to prepare it properly and submit it with upgraded results than rush, this guy knows what he is doing.
He highlighted the resource of 1.4 million ounces of silver, which will be coming into the market at the perefct time for silver and silver prices.
If you believe a fraction of the hype around silver being the new gold, they are sitting on a fortune and a mine production life of over 100,000 ounces of silver over at least 14 years.
With so many other projects in the pipeline as soon as they are producing, they will be able to self fund and accelerate thier other silver and gold projects.
Thier Australian projects are just huge icing on the cake.
This has based really well over the last year or so, and has recently shown signs of the market picking it up and increased volumes.
Is this the time to accummulate before the upcoming company making announcement?
DYOR
CJO Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
