/biz/ - Business & Finance

>>26478166

This is the post that I'm talking about. The context is a very serious and well-researched mining-stock analysis and I screencapped the post precisely because of that. Simply thought that the joke was funny.

I know that many of the stocks which you mention are liked by silver bulls as well. I know that Trevali is liked by silver bulls like @Excelsior, @oldbanker and @austrochris. I used to own Sierra Metals myself but got bored with the market cap. I have seen NorZinc and Osisko brought up before. For example, you cannot get more of a silver bull than Don Durrett and he says:

"I always cringe when management/boards sell their silver (or gold) in the ground for cheap valuations. The value of South32's Hermosa mine (over 300 million ounces of silver) is worth a fortune as a silver mine. South32 still thinks this is a zinc project. They will likely have to change that categorization soon, because they will be calling Hermosa a silver mine. NorZinc (OTCQB:NORZF) also thinks their mine is a zinc project. I've sent them several emails telling them it's a silver mine, but they don't believe me. Soon they will."

Of course most of these companies have mcaps which are well above that of FWZ and don't offer anything like the same upside potential. e. g. Osisko has a 1 bn mcap. FWZ as I say has a $50 million mcap and has the potential for hundreds of millions of tons at 40 gpt silver. That's what makes the 40 gpt silver especially special. The combination of low mcap, potential for a tier 1 resource and a grade of silver which becomes truly significant at $40+. Hence offering that "unexpiring call option" on silver which I mentioned.