OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

First Majestic just paid $10 an oz for Gatos

Posted by ipso facto @ 9:16 on September 6, 2024  

Silver is trading around $30 per ounce

However, ounces in the ground (junior miners) are valued at only 1% of spot prices, around 30 cents per ounce

‘Normal’ valuation is at least 5%

Shows the remarkable upside …

https://x.com/DonDurrett/status/1831813193678872855

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.