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.
Gold/Mining/Energy : Apex Silver Mines (Amex SIL)
SIL 114.52+1.6%Jan 28 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Lovejoy who wrote ()11/28/1999 1:59:00 PM
From: Mad2  Read Replies (1) of 40
 
Jim, this is a dead thread. I do think however that SIL may begin comming into it's own. On Wednesday BT Alex Brown upgraded SIL to a buy and the price is bouncing off support at 11, having just closed at 11 7/8. Seems to be a very good stock if one belives inflation could be part of our future landscape.
From what I've read SIL is destined to return >20% return on equity at 5.25/oz for silver and .55/lb for zinc.
Best Regards,
Mad2
EDIT.....while SIL may not provide those returns everyone is interested in looking in the rear view mirror.....I find it offers a excellent trading opportunity and one thats a hedge against the market moving into the next cycle (inflation)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext