Bruce Reid on Bunker Hill, one of the most “historical mines in American history”
Bruce Reid, President, CEO and Director of Bunker Hill Mining Inc. (operating as Liberty Silver) (CSE: LSL) in an interview with InvestorIntel CEO Tracy Weslosky discuss the Bunker Hill Mine in Idaho, U.S.A. Going over the history of the mine, Bruce describes Bunker Hill as, “the largest lead-zinc-silver deposit producing or not producing in the Americas.” Bruce goes on to discuss how Bunker Hill aims to address market interest in zinc amidst the decreasing production seen over the last decade.
Tracy Weslosky: Bruce you’re now with Bunker Hill Mining and this is a brand new project. Why don’t you start by explaining to us what Bunker Hill Mining is.
Bruce Reid: Bunker Hill is one of the most storied and historical mines in American history. It was discovered in the 1880s, went into production in 1885. Produced for nearly 100 years, went out of production because of its lead smelters – was shut down by the EPA. Nothing to do with the mine, but it just had to do with their smelters. It’s been shut down since 1981. I’ve been trying to buy it for 20 years and it finally came my way.
Tracy Weslosky: In a presentation you said that you were speaking to another associate when you said, “go get the Bunker.” That resonated with me. Tell me a little bit more about that.
Bruce Reid: A gentleman approached me with a shell company and he’d been talking to me for about 2-2.5 years. He kept suggesting that I should join his company and I kept rebuffing him. Finally last year when I was free of all my other companies he said, what’s it going to take to get your attention? I said, “go get the Bunker.” Well, he got the Bunker so I joined him.
Tracy Weslosky: InvestorIntel members this is right out of the gate. This is a brand new story. If you’ve ever heard, “right time, right place,” that’s how I heard Christopher Ecclestone when he gave you a buy recommendation. Can you tell us what he means by this?
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Bruce Reid: What he means is this is the largest lead-zinc-silver deposit producing or not producing in the Americas. It produced nearly 36 million tons of high-grade lead and zinc and silver through 96 years. It had 60 million tons, nearly double what they had produced for 100 years, still sitting inside the mountain.
Tracy Weslosky: He put a $3.10 long buy recommendation on you. When I called and told you that you said, “that’s cheap.”
Bruce Reid: It is. If I’m sitting around and looking at companies of our type… to access the complete interview, click here
Disclaimer: Bunker Hill Mining Inc. is an advertorial member of InvestorIntel Corp.
Paul Bokserman is an up-and-coming writer in the midst of completing his B.A. in philosophy at Ryerson University in Toronto. With several years of experience ... <Read more about Paul Bokserman>