Huldra Silver Inc

Description

We hold the view that the structural supply deficit in silver, as evidenced by the ever diminishing known inventories, will eventually lead to substantially higher silver prices. Until there is such a breakthrough, there can be no major work programs at Treasure Mountain. To finance such programs at low share prices would entail massive equity dilution - which would not be in the best interest of present shareholders. The better course is to pursue modest work programs while awaiting higher silver prices.

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