Any like to see a  JV with Fresnillo?  Try MAG  Silver.  Owns  44%  to  56% Fresnillo.  Done   an $85 mil  financing   for  underground  silver.  NO real production  and an $8C share. Buy in for  56%  was  $5 million in explore  and $1 mil  in shares of MAG purchased.  Completed  in  2007  and  still pre production  in 2014. So were I Paul? I take  the  $5 mil as  development  set up  and  sell them 30 mil shares  for  49% . Presto! $8  PPS.

http://www.magsilver.com/s/Home.asp

 

 

 Looks as tho Jeb’s  got it right. If  I were an advice  seller would be my pitch.

“Be careful of buying US large caps at extremely high premiums right now or shorting junior miners or precious metals.  It may be time to start taking profits in the large caps and accumulate high quality and well financed juniors. This is not a time to panic and sell your junior miners for pennies on the dollar. You could mistakenly sell your shares right before a major discovery.”

By Jeb Handwerger

http://www.kitco.com/ind/Handwerger/2014-12-09-US-Dollar-and-S-P-500-Rally-Fizzling-Out-Gold-Breaks-Five-Month-Downtrend.html

 

 

 

don….

…we were told a while ago that some further exploratory drilling had been done at sta. elena by our own people….and that core samples had been sent out for analysis and assay. then….nada….no further word. do you have any sense of what’s going on with this?…or whether pt has gotten those results….or what they revealed? just seems enough time has gone by at this point for those results to have come in…and when they are not forthcoming from the company, it opens the door to wonder if perhaps they were not what the company had hoped. with so much riding on “grade” at this point for any deal to be worthwhile to a prospective partner, it’s an important line of questioning. any thoughts on the matter?