This company in my opinion is one of the best silver play in the market. Having the same business model as Silver Wheaton SLW this company still has favorable valuation and clear market sector with deals in the range of 50 million. Now company has finished PP and has over 50 million in cash which is very handy in recent credit crunch and hopefully will secure another silver stream. Silver chart looks very strong now and it is very good entry point around recent financing at 2.9CAD, it was done without any warrant attached and literally overnight. The biggest shareholders are Lundin Mining LMC LUN.to and Capstone mining CS.to.
Recent news about its own silver resources:
Latest presentation with SLW comparison valuation.
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