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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: jackjc who wrote (3701)12/28/2005 6:50:10 PM
From: TrueScouse  Read Replies (2) of 78416
 
jackjc:

<<ASM can finally get a chance to participate in the silver bull as the 1.58 wts which repeatedly held the stock back have expired last wk.>>

This is *very* good news. ASM has a great project with the Avino mine and it could be hugely profitable at these silver levels.

<<I have been in this one 2 yrs, and was glad to see them finally get 100% of the prop. Not a well known silver but
should benefit along with the rest.>>


The ownership of only 50% of the Avino mine was also holding them back. Now they could crank up the mill and take the mine off care and maintenance very quickly, and meanwhile they have 100% control over expenditure on exploration, to increase the Avino resource.

I'm very bullish on ASM. Thread followers may not know that this was one of Claude's early picks! There are so few pure silver plays out there -- and this one has a proven resource, mine, fully operational mill, etc. I remember it at over $5 in the mid-90s and I expect it to far exceed that in this bull market. The float is very small. Anyone thinking of buying should first do their own DD and only use limit orders.

Best regards,
Howy
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