This analysis is worth a look http://*************.com/group/arian-silver/post/1773.htm If we take a conservative view that we are break even at $14 silver then by silver rising from $17 to just $17.44 (i.e. right now) we increase our profit margin from 21% to about 25%. Already looking great but picture the returns when silver climbs just a few more dolars. GLA
Perhaps buying into AGQ at these prices is like buying in Rio Alto mining when they were sittinng at $0.04 in 2008. Just a few years later they were around $4.50 with the longer term investors getting over 100x return. A week ago we were priced for failure as securing the required funing for full production seemed optimistic. A week later and everything is actually in place. The sp has risen somewhat but is still hugely over-sold. A strong BUY at these levels.
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