SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly?
MSFT 486.98-1.4%Nov 19 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John F. Dowd who wrote (30275)9/29/1999 3:19:00 PM
From: Claude Cormier  Read Replies (1) of 74651
 
BILL GATES buys in Pan Am Silver:

The New York Times reports in a lead business story in its Wednesday edition that Bill Gates, the world's richest man and the chairman of Microsoft, has bought 10.3 per cent of Pan American Silver, a tiny silver mining company based in Vancouver. Reporter Gretchen Morgenson says the $15-million (U.S.) investment, made by Cascade Investment LLC, one of Mr. Gates's personal investing companies, was made public in a filing with the Securities and Exchange Commission on Tuesday. Although Mr. Gates's investment in Pan American Silver is only a fraction of his net worth, it is nevertheless a significant vote of confidence in the metals markets. News of Mr. Gates's purchase comes at a time when precious metals prices are jumping. On Tuesday, the price of gold rose 9 per cent, the biggest gain in almost two decades. Mr. Gates's investment in silver places him in the company of Warren Buffett, often referred to as the sage of Omaha for his investing success over the years.

Could Bill gates next move be a direct invetsment in silver like Buffet did ? Time will tell.

Find out about our favorite silver investment.

Claude Cormier
The Ormetal Report
ormetal.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News