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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: maceng2 who wrote (150337)2/8/2002 5:49:34 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
PAAS has become a "story stock". the story being that it has achieved quite a bit of growth in production volumes, with more to come. since it isn't hedged, it also contains an option value, similar to the unhedged gold stocks.
irrespective of near term fluctuations i think it could eventually become a double digit stock actually. based on my expectation that silver prices will firm and the additional production that will come on stream in the course of the year. then there's always the possibility that it lands an exploration success as well. that seems even likely, given its land holdings near existing mining properties.
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