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| | SI - subject.aspx subjectid=54540 |
 | | Huldra Silver Inc, which owes its name to a Swedish female leprechaun that stashes silver in her burrows, owns 100% of the Treasure Mountain silver-lead-zinc vein deposit in southern British Columbia. |
 | | Because the development timeline is fairly short, Huldra's funding needs are minimal over the next year, and its capitalization is small, it is entirely conceivable that silver speculators could drive the stock to $2-3 where the capital cost to develop Treasure Mountain could be raised through equity at less than 30% dilution. |
 | | Huldra initiated a bulk sampling program in 1987 whereby it excavated a large open cut and mined 4,500 tonnes of silver-lead-zinc ore. Huldra shipped 390 tons to Trail and 17 tons to Asarco, and received Cdn $344,265 for ore that graded 100.3 opt silver, 32.7% lead and 6.8% zinc. |
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