Jaime Carrasco
RX Exploration
RXE-X
BUY
Nov 11, 2011
Small gold/silver operation that he really likes. Restarting a mine in Montana. Expect they should produce 30,000-40,000 ounces next year at an average cost of about $800.
A potential merger with US Silver (USA-T), which would be a very good fit for them. Hecla Mining (HL-N) has made a bid for US Silver which could affect everything. Likes the management.
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