Commodities - The Coming Bull Market Message Board

STOCKTALK

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.

Strategies & Market Trends : Commodities - The Coming Bull Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: craig crawford who wrote (346)	6/26/2001 3:10:34 PM
From: craig crawford	Read Replies (1) of 1643

JUNE 25, 2001 Surgical Strikes Careful stock-vetting mixed with bold sector bets are this manager's Rx By David Franecki interactive.wsj.com A favorite is Apex Silver Mines. Rinaldi thinks the supply-demand fundamentals for silver are strong, with demand outstripping supply. He likes Apex because it has a strong balance sheet, is a low-cost producer and has one of the largest silver mines in the world, located in Bolivia. "This is the only good play in the silver business," he says. The company has $1.50 a share in cash on its balance sheet. The Bolivian mine Rinaldi refers to has 500 million ounces of proven reserves, with another two to four times that in unproven reserves in its main pit. He thinks the company is worth $40 a share even if silver prices remain stagnant, which he thinks is unlikely. It currently trades around $11 a share.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next