production & exploration

Galena Mine - Coeur d'Alene Mining District - 48 million oz

Free
Message: Undervalued

Got Another report from Toby Hansen . . . this time I have the link to his website http://www.heavymetalinvestor.com/index.php so you might be able to get the report from there later on.

In the report he states:

U. S. Silver (USA.V, USSIF): US Silver production set a new record for the company. 2009 production results were 2.43 million ounces silver, 6.45 million pounds lead, 1.08 million pounds copper. These results exceeded 2008 production by an impressive 41% silver, 54% lead and 23% copper. Cash costs were still high after byproduct credits of $11.73/ounce.

US Silver is guiding for 2010 production of 2.7 million ounces silver, 5.9 million pounds lead and 1.5 million pounds copper. The company has not released Q4 financial results. They need to show Q4 cash flow was a min. of $2 million else it will be removed from this list. Website: www.us-silver.com
________________________________________

Looking at some others, I figure I ahould keep this one as well . . . time will tell.

Share
New Message
Please login to post a reply