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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 413.19+1.1%4:00 PM EST

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To: sense who wrote (168890)2/23/2021 10:09:54 PM
From: sense  Read Replies (1) of 219042
 
Did find one new silver stock to add to the list today, as a result of it being a huge performance outlier...

NUPMF opened at $4.84, went up, cratered to $4.62 on the "panic"... but ended the day at $5.12 up 10.83%.

New Pacific Metals... relevant to recent posting here... as it is involved in a silver project in Bolivia...

Buyers beware... There is definitely silver in Bolivia... so occasional big numbers in holes drilled should be expected... but the issue in Bolivia is never about whether or not the silver is there...

The links I posted did address subsequent changes in management... leaving the issue being one of who wants to go first in proving the capital invested in Bolivia isn't money down a rat hole...

Reality is projects in places with similar track records are always undervalued in the market due to the large risk of the loss of capital requiring a higher risk premium...

I have other suspicions about the nature of the skulduggery practiced to encourage the corruption in removing the silver-indium project from South American Silver investors... so waiting to hear who inherits that legacy ?
Haven't heard much yet... So, no one touching it... or just keeping it really quiet ?

Rule of law is vastly under-rated in relation to mining investment risks... Not sure it really makes much sense to mine anywhere other than Nevada...
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