>>20486791Watch the SIL newsflow, should get some clarity on reserves sometime in late Q2 or Q3 I think. It really matters from a life of mine and net present value perspective. The company is very free cash flow positive and has a good balance sheet but it won't matter much if they can only keep producing at this rate for another 6 years.
>>20486794>Pan AmericanOne of the bigger silver producers at +20Moz annual production and a competitive AISC especially against a turd like First Majestic. The 1Moz gold production adds cash flow stability and the company is very diversified jurisdictionally as opposed to only having one or two mines in Mexico or whatever. And there's the potential for a doubling of silver production if they can negotiate with the Guatemalans or the Argentinians, which is nice upside
>AdriaticMoving averages are your fren. I timed Adriatic very badly but I have been adding here. Fundamentally cheap as long as the mine operates as planned. Time will tell.
