WAR
Our 1st idea: US Antimony
War, huh, yeah
What is it good for?
US Antimony
War, huh, yeah
What is it good for?
US Antimony
Say it again, y’all
War, huh, (good God)
What is it good for?
US Antimony, listen to me, oh
Ahhh, I remember in 1970 watching Edwin Starr sing that song on Soul Train.
My brothers and I danced and sang in our family room in Saginaw, MI
Fast forward to today…
The largest holding at The Stock Pawnshop is US Antimony
We were quite giddy about the price action this week.
CEO Gary Evans and Chief Mining Engineer Joseph Bardswich (aka Goldfinger) commented on the completion of a technical report of its 100% owned Fostung Tungsten Deposit located in Sudbury, Ontario. I have been to this town before and Hollywood should go on location there to shoot movies about the moon. When applying a tungsten price of $1,890 per metric ton the resource value is worth $4.6 billion prior to mining & processing cost. We simply cut that value in half and assumed $2 billion in value toward’s UAMY’s enterprise value. Today’s market cap is roughly $1.4 billion and increasing due to (in our opinion) the war in Iran. Your stock pawnstars think this battle is analogous to the Philadelphia Eagles offensive line battling The Iron Shiek and five of his Iranian wrestling buddies in a game of red rover on a Middle East playground.
This entire management team has accomplished so much in record time. For example, the joint venture with America’s Gold & Silver was completed in roughly 30 days. That’s record time in our books. We will most likely keep a sizeable position until the company is sold in two to three years.