News Focus
News Focus
icon url

Silvergoldenapple

03/14/12 1:55 AM

#12301 RE: cash2 #12292

There is no comparison between the two companies.

It is very feasible that AUNFF could do really well however it is a very high risk "explorer" type company that is getting lots of hype and they have not even produced an ounce of silver.(this is from memory as I do not care to research it again at this hour.) I did my dd on AUNFF some time ago and decided that this is a good place to park some gambling money but plan on kissing it all goodby!)
They have no cash! They have no option but to be involved with some type of M & A. If they indeed have the product in the ground they more than likely will be gobbled up this year. We shall see.

USSIF is a producer that no one is hyping but is a real "proven" miner with $30,000,000.00 in cash reserves and extreemly undervalued, excellent management and getting ready to trade on the AMEX.

Please understand that I am only expressing my opinion and do not care to take this any further. If you are invested in AUNFF I wish you very very well.


icon url

USSilverBug

03/14/12 9:11 AM

#12303 RE: cash2 #12292

The reason PM miners are not going up is because pricing is based on analysts' predictions of future metal prices. Take a look on Bill Matlack's page; he is showing predictions for PMs up through 2014. The analysts' have gold at $1,530 and silver at $31.77 in 2014. Investors are not buying miners because they believe share prices will pull back significantly.

If I were to listen to the ANALysts, I should sell my stack and buy it back in 2014! Unless there are huge amounts of silver mined between now and then, we will have used up any stores of silver and manufacturers/investors will be clamoring for more! The fundamentals, in my book, do not point to silver prices in the very low $30's in 2014. I see prices above $50 by then.