Proof that Silverado Gold Mines is for Real!
posted on
Aug 07, 2009 01:18AM
I think we need at least 2-3 solid news releases to give confidence that Silverado Gold Mines is for real. This would ideally include new exploratory drill assay results which must be good as well as solid financing. Perhaps a detailed game plan for production stating the number of tons/day schedule & how they intend to increase this. Proof of major brokerage firms being seriously interested will bear additional weight. New input from the Board with perhaps with 1 or 2 more directors with extensive mining experience.
All these factors together will create a huge buying interest which could become sustained with the resultant rise in the share price. Additionally the anticipated price increases imminent in both gold & antimony will enhance the profitability picture!
In summary, we all believe the goods are there, especially on the Nolan - we need confirmation of financing to proceed, a great game plan & new sustained buy demands from shareholders - both old & new. Then the share price will take care of itself.