/biz/ - Business & Finance

>>25039892
>>25040007


They're going to produce from Rodeo for 20000 oz annually or $15 mill starting Q1 next year, and plan to restart their flagship Valarena using that cashflow sometime in late 2021 for $106m after tax free cash flow, which can be increased up to 2x if everything is going well. All infrastructure and equipment is in place there, they just had to shut the mine down after 2011. They also have El Quavar which is a JV with Barrick who're drilling and developing it for a 70% stake. El Quavar has a potential 5 MoZ per year production, but Barrick is probably taking their time with this. Chart looked fucking beautiful for an entry before this last breakout, and it led silver's breakout for a month, like all the highest quality silver stocks.. This was my go to recommendation stock a few months ago.

a little late to the party if you buy now, best to be bought when nobody was getting hyped. Hate to keep saying this but I tried to tell you guys.

>>25040064
They have a really good chance. Chart says so imo, and the fundamentals back it.

>>25040096
To be fair /pmg/ is (mostly) the normies of mining speculation

>>25040462
Bayhorse is probably a good buy again. I fudded it deservingly at it's rise but it's at good risk reward at these prices. You can tell it's good because how many people hate it here lol