Seeking Junior Gold Miners and Silver Miners for Investment. You really cannot just buy and hold – sell some to jack crooks currency trading – buy into fear was never more true but hard to do.
Most silver is produced primarily as a by-product of base metal mining. There are not a lot of “pure” silver miners. Sean Rakhimov at “Silver Stategies” also suggests that the “investible” universe of silver miners is shrinking due to jurisdiction issues. Silver as a metal shows extremely volatile price activity and there are many views that the market is manipulated, from the far out to usually more sober traders, e. For those excited by Silver it is worth considering this chart which compares Silver against Nasdaq bubble. Explorers and Developers – see Silver Strategies – some outdated profiles. Midas Letter James West Company List – Promotional ?
Some questions around the tax issues they will have in repatriating profits ? Ross Beatty – Bid for Minefinders. Also large Navidad deposit in Argentina, country risks. Large family stake, Peru base, other Lat Am operations. In production – recent downgrade on Pirquitas producing mine. Large resources in the ground – large stake in Pretium Gold – see value per share. PFS for Pitarilla – from 2009 so at much lower silver prices – capex ?
Buy Silvermex Spring 2012 who had acquired Genco. Mines by 2015 at 30m oz pa. Small high grade mine, strong stock, newsletter following? Peru generally seen as a good jurisdiction, but local protests at one potential minesite, some questions on government direction. Santa Ana site issues could be 5m oz.