Replies to post #41713 on ~*~Mining and Metals Du Jour~*~

[ConferredDiligence]

Hi ironwill, I'll chime in on that one, I only buy producers (gold or silver) with revenue. These are some other stats to consider; minimal debt, positive cash flow, low AISC, safe jurisdiction, and longer mine life, for me I prefer undervalued juniors. These juniors carry more risk, but the ROI can be multiples higher than safer mid and top tier producers, I hope this helps.

[the cork]

IN a word - PRODUCERS. These are the guys with revenue, who will stand to gain from the coming frothy whip-saw.

Beyond that, the rising tide will float all boats but there may be some advantage to pile in on the common ones like First Majestic and Mux.

SLV has been mentioned too although PSLV is the better etf bet.

The problem is, there aren't that many primary silver producers. Most of it is coming as a by-product of copper and gold.

Even HL long famed for it's silver output, gets most of their revenue from gold now.

GORO put out almost 2 million ounces of silver in 2019 (along with gold, copper, lead, and zinc) but I haven't really looked at them that closely since the china virus hit. GORO probably has the best leverage right now due to the spin-off. GL !!!