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Gold/Mining/Energy : Apex Silver Mines (Amex SIL)
SIL 112.60+0.5%4:00 PM EST

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To: organicgerry who wrote (25)3/26/2002 9:17:33 PM
From: Jim Willie CB  Read Replies (1) of 40
 
I wish I knew how to invest in Canadian stocks
either oil/gas stocks or gold/silver stocks
do you know how?
many trade on both
but the smaller ones are exclusively on Toronto or Vancouver

I like SIL better because of the mgmt picked by Soros
they have no production, very shrewd, forcing Gold Cartel's hand
they are loaded loaded with cash
they are preparing with all the steps: roads, energy
they have a SilEx exploratory arm subsidiary
which will likely be critical in locating more mines
a few joint efforts are likely to pan out
then SIL takes on controlling interest
SilEx will be a profitable freebie spinoff later
I like their larger size for safety
a test of will may ensue, and deep pockets will be valuable

Gates probably picked PAAS because it is 100 miles from home
he might have some family ties linking to PAAS
I dont like Gates
I do like Soros, who was David before England Goliath
I think PAAS has too much production right now
they need to suspend almost all
the more operations funded, the more future hedging to pay for it

a respected guy named Stephen Leeb of Personal Finance also prefers SIL
calls them the best managed silver firm in the world

I would love to get a list going of junior silvers
I have heard of BAY and MFL recommended

thanks a bunch, Jim
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