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Re: eik post# 17105

Sunday, 07/06/2014 9:44:02 PM

Sunday, July 06, 2014 9:44:02 PM

Post# of 17231
Look back at spot metal prices before the economic meltdown...even way back further decades. Now look at PPS charts far back as you can with HL. Match it up.

US Silver was something I believed in before the new guys rolled into town and Tom retired. I knew who sprott was and I sold out 100% because I know what happens- I've seen it many times. I didn't want anything to do with the new management. It's been leveraged and screwed with- I knew that was going to happen saw it from miles away-before it happened.

You can't really blast open up-sink new shafts can you in new territory really without any money or running on small mine can you?

The markets overlooked silver for decades- and the economic meltdown that I suspected was coming would force the spot price and certain companies stock up. That's why I positioned myself when no one was looking and sat waited for years.

USGIF was a decent deal at .25 after the RS when it dipped...but I still didn't want to get back in. It's since doubled not bad if people timed it- I was out and stayed out...I just don't care for the new management and lack of cash flows to properly explore and create more reserves and still run it profitably for decades.




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