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Thursday, 06/16/2011 10:29:09 AM

Thursday, June 16, 2011 10:29:09 AM

Post# of 17231
Reading analysts online can get tiresome with multiple opinions and variations on each, but 1 consistent opinion concerning mining stocks seems to be attaching your investment dollars to companies with NO DEBT,GOOD CASH FLOW and where extra dollars will not be needed for the short term future for BUILDING a mine.You cannot compare a company that has reserves but NOT a working mine to a company that has reserves WITH a working mine(in USSIF's case a mine deemed by experts as great condition)Any future developments of new exploration projects on USSIF's 11,000 extra acres is not really necessary for the near future ,although I would like to see reserves continue to increase on a yearly basis.IF a financial calamity with currencies occur in the very near future I feel that USSIF will truly prosper in this scenario.They can for all good intent and purpose ,actually mine for REAL money.The lions share of investors seem to group all miners together where the reality is only a very small portion meet the criteria for a safe investment that will prosper more as time goes on due to the safe haven status of silver and the conservatism of USSIF. I don't agree with most of you about the necessity of a RS (for an AMEX listing) and voted accordingly ,but regardless of the outcome this company is one of the best overall silver investments that we can make over the next couple years.The cost of building mines is going to go up exponentially over the next few years ,maybe to the point where even with an escalation in the silver price ,it might deem many projects not feasible,especially those lying in remote and politically unstable area's of the world .
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