SS1 - Sun Silver

[Sean K]

This area has been picked over by everyone and his dog, including SSR.
The depths of the intersection are nothing spectacular, and the strip ratios are bigger than i would like.
I think I will leave this one, I have already made a bit of money out of it early in the piece, think i will just be satisfied with that.
Good luck to those who want to play.
Mick

Yeah, getting into the IPO was where it was at. Still a relatively small MC at $65m for the resource. I haven't compared it to anyone yet. Probably the only thing might be SVL which is $150m, but a different apple in a different orchard.

 

[Sean K]

The market is expecting a considerable MRE upgrade after this drill program. Or, silver to keep going.

 

[Sean K]

One of the few ways to play the silver run. Not sure how many more legs this has.

 

[Sean K]

Probably another good day today. Not sure if any other silver play has performed as well.

IPO raised $13m, opportunistically raised $13m more and is now $93m.

 

[Sean K]

After going ona fly this has come back to reality with the POS failing the significant break up but holding about 30 bucks, which is good.

These grades sound pretty good and it looks like this area they're drilling will add up to lots more ounces of Ag and Sb.

They're really talking up the Antimony in this deposit considering the US rely so heavily on overseas input for weapons etc.

 

[Sean K]

They're really talking up the Antimony in this deposit considering the US rely so heavily on overseas input for weapons etc.

It's already started.

 

[Boggo]

Should head back up to its high.

 

[Sean K]

Should head back up to its high.

Should be a beneficiary but the main game is silver I guess. Need POS to keep up.

Need to keep an eye on anything with these rare earths that China is going to pull the rug from once the Taiwan conflict starts.