The company wishes to inform its shareholders, and shareholders of OreCorp Limited, that it intends to file a third supplementary bidder statement to indicate that the Company will not waive its 50.1% minimum acceptance condition.
When gold steals headlines, it's easy for silver to disappear into the background. But this is when it’s even more important to pay attention to the silver price.
The Company has filed an independent technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") on its 100% owned La Cigarra Project ("La Cigarra").
Worldwide silver demand is expected to rise 1 percent owing to a projected record high in industrial demand and a turnaround in jewelry and silverware offtake.
If the silver inventories in question are being double-counted, as now appears obvious as a result of this response, that amounts to the sending of false price signals.