Our market cap is now around $206,000,000, meaning the company is being valued at $146,000,000 after you back out the $60,000,000 in cash as we have with no debt or hedges.

I think an argument can be made that the company has a moral obligation to repurchase some of its shares at this price level. This is just a theoretical argument - I understand that it is highly unlikely.

Short of such - they Company ought to do much more to promote a higher valuation - asap.

We have 59,600,000 measured and indicated silver equivalent ounces, 62,500,000 inferred silver equivalent ounces, much more potential and $60,000,000 cash.

What am I missing?