And I agree, the price of USSIF will depend on the price of silver for the most part. I do however, still believe that our selling has been overdone and that it should subside soon enough, if it hasn't already. Management continues to buy back as many shares as they can (709,000 shares PURCHASED at avg of 1.96!!).
We are still in the WAY over-sold territory, so I would imagine we may start creeping up. Will we breakout past $3.00 a share any time soon while silver is near current prices? Most likely not...But could we inch our way back up until silver does make a move north again, I could see that as a strong possibility.
We need some fresh new blood in both management and for investors. I really wish I could be in touch with them about some of my marketing ideas. US-Silver could be a "cool" stock to own.
As the 2nd Largest Silver Miner in the United States, they really need to learn how to leverage things much better.
Again, someone call some big wigs and dish out $100M for this company, hire me, and I'll get this to a $500M company within 6 months. ;-)
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