I really don’t understand why MAG Silver has held so well compared to other silver plays:
Just about the only silver junior that’s not lost ground compared to its underlying metal. I mean yeah I know the project is good, and Fresnillo, and thick wide veins and la la lah….but no way is it worth over CAD$600m in this market and Fresnillo isn’t going to make an offer for anywhere near this ticket price. Obvious short.