You post is a fair assessment. The issue here is short term the impact the ball mill has and long term the price of silver..... You are spot on with these variables.
The question of deflation and inflation is really the question. I think short term CCU has funding and may live just long enough to find out the early stages of the price of silver.
If inflation does kick in I think all boats rise for precious metals.....
So quite clearly a lot of stocks like this are in the long term leveraged to the price of silver....CCU has more unhedged than hedged position .......
For you vidi , and with your valid opinions I would not even touch CCU...... For others who believe in the price of silver it may be worth waiting for how the ball mill does and then loading up........or if they believe they have enough info the ball mill will succeed then go in now
Make no mistake, it's all about the long term prive of silver and that may only raise stocks after it has peaked
CCU Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
