Gold trader
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Silver hit a short-term bottom at $33 (lower than we expected) and could rally in the low $40s before backing off again. But, as we said, that's the short term. Long term, silver will go far higher as the world becomes more invested in solar power. And that doesn't even consider silver's monetary value. At an availability ratio of 10/1 with gold, we believe silver to be deeply undervalued and in the very early stages of a massive bull market.
One more silver miner that looks set to bounce hard and could produce the biggest gains is Great Panther Silver(GPL_), which, together with its subsidiaries, engages in the acquisition, exploration and development of precious and base metal properties in Mexico. The company primarily produces silver, and it also produces gold, lead and zinc properties.
If you take a look at the chart for Great Panther Silver, you'll see that this stock has been in a complete downtrend since it hit a 52-week high at $5.04 back in March. During that down move, the stock has been making lower highs and lower lows as shares fell all the way to a low of $2.52 a share. However, now the stock looks like it might be ready to break out of a near-term descending trend line that sits at around $3 a share. A move above that level with strong volume could signal that a change in trend is coming for GPL.
It's also worth noting that GPL has formed a longer-term chart pattern of higher lows as long as the stock holds above $2.50 a share. Because this is a more speculative penny silver stock, I would wait for GPL to take out $3 with volume that's well above its three-month average activity of 4.2 million shares before buying. You could buy it on any weakness with a stop below $2.50, but I would only add aggressively once it took out $3.00.
GPL, hoping It's a good entry point......
http://stockcharts.com/h-sc/ui?s=GPL&p=D&yr=0&mn=3&dy=0&id=p61338888526
Great Panther Silver, Ltd. (GPL) The May 2011 corporate presentation (.pdf) boasts four consecutive years of production growth and new discoveries at San Ignacio. The average cost per production ounce is approximately $6.50 and estimated to decrease to $5 per ounce by next year. Net Income Applicable to Shares, Net Tangible Assets, and Cash Flow are all positive and increasing. Great Panther's beta is high at 2.44, but with shares at current market price, is ripe for acquisition.
I'm in with 10K Shares.
Let's see this panther.......
RVM
Told you all to LOAD THE BOAT @ 3.50$ last week....
4.15$ NOW !!
LONG AND STRONG !!
SEE YOU AT +10$ END 2011.
RVM
Told you all to LOAD THE BOAT @ 3.50$ last week....
4.15$ NOW !!
LONG AND STRONG !!
SEE YOU AT +10$ END 2011.
Marc Faber: Fed to Resume QE When U.S. Stocks Prices Fall
http://laboussole2012.wordpress.com/2011/05/28/marc-faber-fed-to-resume-qe-when-u-s-stocks-prices-fall/
Marc Faber: Fed to Resume QE When U.S. Stocks Prices Fall
http://laboussole2012.wordpress.com/2011/05/28/marc-faber-fed-to-resume-qe-when-u-s-stocks-prices-fall/
RVM ------> is pleased to announce that it commenced trading listed options today on the NYSE Amex Options exchange
RVM ------> is pleased to announce that it commenced trading listed options today on the NYSE Amex Options exchange
Going up, nobody really know why.....
AIG----> 141M DUMP = MARKET CRASH COMING.
SIT TIGHT WITH YOUR GOLD AND SILVER......
AIG----> 141M DUMP = MARKET CRASH COMING.
SIT TIGHT WITH YOUR GOLD AND SILVER......
Short Interest (Shares Short)
16,600,100
RVM (AMEX)
Inititiation of coverage by MLV Equity Research, 5/23,
BUY: $8 price target valuation without Rock Creek...
Net Asset Valuation:
We estimate that the value implied by the current share price could be almost fully justified by the producing Troy mine, and thus by buying the stock today, the Rock Creek upside would effectively come at little to no cost
RVM (AMEX)
Inititiation of coverage by MLV Equity Research, 5/23,
BUY: $8 price target valuation without Rock Creek...
Net Asset Valuation:
We estimate that the value implied by the current share price could be almost fully justified by the producing Troy mine, and thus by buying the stock today, the Rock Creek upside would effectively come at little to no cost
Inititiation of coverage by MLV Equity Research, 5/23, BUY: $8 price target valuation without Rock Creek...
Net Asset Valuation: We estimate that the value implied by the current share price could be almost fully justified by the producing Troy mine, and thus by buying the stock today, the Rock Creek upside would effectively come at little to no cost
Due to bad timing of three events:
When it got listed on the AMEX silver was in disfavor dampening the enthusiasm.
And 1st qtr production was hampered due to other projects at the mine coupled by earnings hit with two one time charges.....
This is behind us.
Many positives ahead in higher output due to richer ore beds likely yielding a single digit P/E going forward at this price. And Rock Creek will be a game changer increasing production four fold. Looking at a double from here this year without silver appreciation IMHO. With RC this is a $20 stock. Accumulating quietly here before the herd gets on board. You will be richly rewarded. Good luck.
"Memorial Day 2011 Contest Pick" RVM 3.67$
Silver and Gold « The party is just starting…. » (MP3 from Michael Debreda Rocha)
http://laboussole2012.wordpress.com/2011/05/20/silver-and-gold-the-party-is-just-starting-mp3-from-michael-debreda-rocha/
Stock Mention : HDY, TLR, AUMN, RVM
I talk about HDY, I try what I can to push :)
http://laboussole2012.wordpress.com/2011/05/20/silver-and-gold-the-party-is-just-starting-mp3-from-michael-debreda-rocha/
Stock Mention : HDY, TLR, AUMN, RVM
Silver and Gold « The party is just starting…. » (MP3 from Michael Debreda Rocha)
http://laboussole2012.wordpress.com/2011/05/20/silver-and-gold-the-party-is-just-starting-mp3-from-michael-debreda-rocha/
Stock Mention : HDY, TLR, AUMN, RVM
Production at the Troy Mine is expected to be approximately 1.3 million ounces of silver and 11.0 million pounds of copper for 2011. Based on the current mine plan, mill throughput is anticipated to average 4,000 tons per day and grades are expected to improve averaging 1.20 ounces per ton silver and 0.46% copper as more production is gained from the recently developed C Bed area. Production costs on a net of byproduct basis are expected to be $3.32 per ounce of silver and $1.48 per pound of copper and on a co-product basis costs are estimated to be $10.39 per ounce of silver and $2.08 per pound of copper.
Ensuring around 75% of Company's operating costs are covered, Revett has hedged approximately 25% of its 2011 estimated silver production at US$19.00 per ounce and 50% of its estimated copper production at US$3.55 per pound The remaining 75% of silver and 50% of copper production enables the Company to fully capitalize on higher metal prices
Good work Tocotuga, I like the Soros comment :)
SLW own 16.5%, Target -----> 1.3M Silver ounce + 11 lbs Copper for 2011.
Market cap ?
125M$.
Can you change the Ticker ?
RVM now (AMEX)
This will be a 10$ stock by the end of 2011.
Better buy gold and silver NOW !!
WW3
http://blog.alexanderhiggins.com/2011/05/15/congress-vote-declaration-world-war-3-endless-war-borders-clear-enemies-22785/
Better buy gold and silver NOW !!
WW3
http://blog.alexanderhiggins.com/2011/05/15/congress-vote-declaration-world-war-3-endless-war-borders-clear-enemies-22785/